Fortum Oyj (OTCMKTS:FOJCY) Stock Passes Above Fifty Day Moving Average – Here’s Why

Fortum Oyj (OTCMKTS:FOJCYGet Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.47 and traded as high as $4.66. Fortum Oyj shares last traded at $4.66, with a volume of 227 shares.

Fortum Oyj Stock Performance

The stock has a fifty day moving average price of $4.47 and a 200 day moving average price of $4.09.

Fortum Oyj Company Profile

(Get Free Report)

Fortum Oyj is a Finnish energy company primarily engaged in the production, distribution and sale of electricity and heat. The company’s generation portfolio spans a mix of nuclear, hydroelectric, combined‐cycle gas and bioenergy power plants. In addition to large‐scale power generation, Fortum operates district heating networks and waste‐to‐energy facilities, providing heat and power solutions to municipalities, industrial customers and residential users across its core markets.

In its customer solutions segment, Fortum offers electricity retail services, electric vehicle charging infrastructure and energy efficiency solutions.

Featured Articles

Receive News & Ratings for Fortum Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortum Oyj and related companies with MarketBeat.com's FREE daily email newsletter.