Fuji Electric (OTCMKTS:FELTY) Shares Up 1.8% – Still a Buy?

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) shares shot up 1.8% on Monday . The company traded as high as $16.22 and last traded at $16.17. 40,793 shares changed hands during trading, an increase of 213% from the average session volume of 13,025 shares. The stock had previously closed at $15.88.

Fuji Electric Stock Up 1.8%

The business’s 50-day moving average is $12.49 and its two-hundred day moving average is $11.47. The company has a market capitalization of $9.53 billion and a P/E ratio of 0.07.

Fuji Electric Company Profile

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.