Furukawa Electric (FUWAY) to Release Earnings on Tuesday

Furukawa Electric (OTCMKTS:FUWAY) will likely be announcing its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $0.7750 per share and revenue of $2.2253 billion for the quarter.

Furukawa Electric Price Performance

FUWAY stock traded up $6.35 during midday trading on Tuesday, reaching $138.65. The stock had a trading volume of 367 shares, compared to its average volume of 2,338. The business has a fifty day simple moving average of $108.60 and a two-hundred day simple moving average of $62.03. Furukawa Electric has a twelve month low of $17.40 and a twelve month high of $149.41.

About Furukawa Electric

Furukawa Electric Co, Ltd. is a Tokyo-based Japanese manufacturer providing a diverse range of electric wires, cables and high-tech components. Its core offerings include power transmission cables, optical fiber communication systems, copper wire rods, magnet wires, automotive wiring harnesses and electronic device packaging, serving sectors such as utilities, telecommunications, automotive and consumer electronics.

Established in 1884 during Japan’s Meiji period, Furukawa Electric is a key member of the Furukawa Group conglomerate.