Fuji Electric (OTCMKTS:FELTY) Hits New 1-Year High - Should You Buy?

Key Points

• Fuji Electric shares reached a new 52-week high of $16.75, with a trading volume of 1,111 shares on the day of the report.
• Zacks Research upgraded the company's rating from "strong sell" to "hold", with an average rating of "hold" among analysts.
• The company has a market capitalization of $9.83 billion and a price-to-earnings ratio of 0.07.

Fuji Electric Co., Ltd. - Unsponsored ADR (OTCMKTS:FELTY - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $16.75 and last traded at $16.75, with a volume of 1111 shares changing hands. The stock had previously closed at $16.33.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Fuji Electric from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

Fuji Electric Stock Down 1.0%

The company has a market capitalization of $9.85 billion and a price-to-earnings ratio of 0.07. The business has a fifty day simple moving average of $14.34 and a two-hundred day simple moving average of $12.11.

Fuji Electric Company Profile

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.