Fuji Electric (OTCMKTS:FELTY) Shares Gap Up – Still a Buy?

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $20.92, but opened at $21.4750. Fuji Electric shares last traded at $21.02, with a volume of 937 shares trading hands.

Fuji Electric Stock Up 2.6%

The company has a fifty day simple moving average of $21.29 and a 200 day simple moving average of $20.81.

Fuji Electric Company Profile

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Fuji Electric Co, Ltd. is a Japanese electrical and industrial technology company that develops products and systems for energy management, industrial automation, and infrastructure applications. Its offerings include power semiconductors, inverters, drives, uninterruptible power supply systems, energy storage equipment, and power distribution products.

The company also provides solutions for power generation and social infrastructure, including thermal and geothermal power equipment, grid-related systems, transportation electrification, and data center power systems.

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