Furukawa Electric (OTCMKTS:FUWAY – Get Free Report) is projected to post its results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.75 per share and revenue of $2.0669 billion for the quarter.
Furukawa Electric Stock Performance
OTCMKTS:FUWAY traded up $1.70 during trading hours on Tuesday, hitting $11.95. The company had a trading volume of 10,714 shares, compared to its average volume of 70,221. The stock has a 50-day moving average price of $101.72 and a 200 day moving average price of $100.25. Furukawa Electric has a 52 week low of $2.85 and a 52 week high of $19.07.
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.
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