Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) saw unusually-high trading volume on Friday . Approximately 97,245 shares traded hands during trading, an increase of 1,350% from the previous session’s volume of 6,708 shares.The stock last traded at $4.6350 and had previously closed at $4.74.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of Fortum Oyj to a “hold” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Fortum Oyj has a consensus rating of “Hold”.
Read Our Latest Report on Fortum Oyj
Fortum Oyj Stock Down 0.6%
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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