Fuji Electric (OTCMKTS:FELTY) Upgraded at Zacks Research

Zacks Research upgraded shares of Fuji Electric (OTCMKTS:FELTY) from a strong sell rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

Fuji Electric Stock Up 1.6%

OTCMKTS:FELTY opened at $16.00 on Tuesday. The firm has a market capitalization of $9.43 billion and a P/E ratio of 0.07. Fuji Electric has a twelve month low of $7.92 and a twelve month high of $16.59. The company has a fifty day moving average of $13.26 and a 200-day moving average of $11.73.

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.