Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) passed 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 changing hands.
Fortum Oyj Trading Up 1.7%
The firm’s 50-day moving average is $4.47 and its two-hundred day moving average is $4.09.
About Fortum Oyj
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.
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