Fuji Electric (OTCMKTS:FELTY) Stock Price Up 1% – Should You Buy?

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) was up 1% during mid-day trading on Wednesday . The company traded as high as $17.3680 and last traded at $17.3440. Approximately 972 shares were traded during trading, a decline of 86% from the average daily volume of 7,142 shares. The stock had previously closed at $17.18.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Fuji Electric from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Fuji Electric Stock Performance

The stock’s 50 day simple moving average is $17.07 and its two-hundred day simple moving average is $14.09.

About Fuji Electric

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.