Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 36,872 shares, an increase of 517.4% from the April 15th total of 5,972 shares. Based on an average daily trading volume, of 75,971 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.
Fuji Electric Stock Up 4.0%
OTCMKTS FELTY traded up $0.94 during mid-day trading on Wednesday, reaching $24.49. 9,188 shares of the stock were exchanged, compared to its average volume of 29,365. Fuji Electric has a 1-year low of $10.66 and a 1-year high of $24.53. The business’s fifty day simple moving average is $18.77 and its 200 day simple moving average is $18.52.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group cut shares of Fuji Electric to a “sell” rating in a report on Monday, January 19th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fuji Electric presently has a consensus rating of “Reduce”.
Fuji Electric Company Profile
Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.
The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.
Featured Stories
- Five stocks we like better than Fuji Electric
- Qualcomm Stock Doubles: New Era? Or Another False Start?
- 3 Industrial Stocks That Just Crushed Earnings
- A Quantum Shift: Why Speculative Money Is Ditching AI
- Reading the Stripes: Is The Industrial Recession Over?
Receive News & Ratings for Fuji Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fuji Electric and related companies with MarketBeat.com's FREE daily email newsletter.
