Free Trial

Fuji Electric (OTCMKTS:FELTY) Sets New 52-Week High - Should You Buy?

Fuji Electric logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • Fuji Electric (OTCMKTS:FELTY) hit a new 52-week high, trading as high as $23.97 and last changing hands at $23.885, up from a prior close of $21.97.
  • Goldman Sachs recently cut the stock to a sell rating, and MarketBeat says the overall analyst consensus is now “Reduce.”
  • The stock is trading well above its 50-day and 200-day moving averages of $18.65 and $18.39, respectively, while Fuji Electric remains a Japanese engineering company focused on power electronics and energy infrastructure.
  • MarketBeat previews the top five stocks to own by June 1st.

Fuji Electric Co., Ltd. - Unsponsored ADR (OTCMKTS:FELTY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Saturday . The stock traded as high as $23.97 and last traded at $23.8850, with a volume of 12206 shares traded. The stock had previously closed at $21.97.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Fuji Electric to a "sell" rating in a research report on Monday, January 19th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Fuji Electric currently has an average rating of "Reduce".

Check Out Our Latest Stock Report on Fuji Electric

Fuji Electric Stock Performance

The company's 50 day moving average is $18.65 and its two-hundred day moving average is $18.39.

About Fuji Electric

(Get Free Report)

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Fuji Electric Right Now?

Before you consider Fuji Electric, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fuji Electric wasn't on the list.

While Fuji Electric currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines