Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) saw strong trading volume on Thursday . 21,811 shares were traded during mid-day trading, an increase of 284% from the previous session’s volume of 5,681 shares.The stock last traded at $4.81 and had previously closed at $4.77.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Fortum Oyj to a “hold” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on Fortum Oyj
Fortum Oyj Price Performance
Fortum Oyj Company Profile
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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