Fortum Oyj (OTCMKTS:FOJCY) Shares Gap Up – Here’s Why

Fortum Oyj (OTCMKTS:FOJCY – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $5.28, but opened at $5.50. Fortum Oyj shares last traded at $5.02, with a volume of 6,334 shares trading hands.

Fortum Oyj Price Performance

The stock has a 50-day moving average price of $4.84 and a 200-day moving average price of $4.82.

About Fortum Oyj

(Get Free Report)

Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling solutions, with a focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, supported by electricity sales and related energy services.

Fortum also works with industrial and municipal customers on decarbonization, energy efficiency and the electrification of energy use.

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