Fuji Media (OTCMKTS:FJTNY) Stock Price Up 7.8% – Here’s Why

Fuji Media Holdings, Inc. (OTCMKTS:FJTNYGet Free Report) shot up 7.8% during trading on Friday . The stock traded as high as $12.95 and last traded at $12.95. Approximately 130 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 550 shares. The stock had previously closed at $12.01.

Fuji Media Stock Up 7.8%

The business has a fifty day simple moving average of $12.56 and a two-hundred day simple moving average of $12.25.

About Fuji Media

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Fuji Media Holdings, Inc, through its subsidiaries, operates as a diversified media and entertainment company based in Minato, Tokyo. The firm offers a range of services including television and radio broadcasting, film and program production, magazine publishing, and live event operations. Its American Depository Receipts are listed on the OTC under the ticker FJTNY, providing U.S. investors access to its media-centric business.

In its television segment, Fuji Media runs the Fuji Television network, one of Japan’s premier private broadcasters, delivering news, sports, dramas, variety shows and anime to a broad domestic audience.

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