Fuji Electric (OTCMKTS:FELTY) Hits New 12-Month High – Here’s What Happened

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) shares reached a new 52-week high on Thursday . The stock traded as high as $18.46 and last traded at $18.46, with a volume of 2005 shares traded. The stock had previously closed at $18.29.

Analyst Ratings Changes

Separately, Zacks Research upgraded Fuji Electric from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Fuji Electric Stock Performance

The stock has a 50 day simple moving average of $17.38 and a two-hundred day simple moving average of $14.98.

About Fuji Electric

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.