Fuji Electric (OTCMKTS:FELTY) Trading 1% Higher – Still a Buy?

Fuji Electric Co., Ltd. (OTCMKTS:FELTYGet Free Report) rose 1% on Tuesday . The stock traded as high as $11.30 and last traded at $11.19. Approximately 17,143 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 45,842 shares. The stock had previously closed at $11.08.

Fuji Electric Price Performance

The stock has a 50-day moving average price of $10.73 and a two-hundred day moving average price of $11.88.

About Fuji Electric

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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.

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