Fuji Electric (OTCMKTS:FELTY) Shares Up 0.9% - Should You Buy?

Key Points

• Fuji Electric's stock rose by 0.9%, with the last trading price at $16.59, although trading volume decreased by 38% compared to its average.
• Zacks Research upgraded Fuji Electric from a "strong sell" to a "hold" rating, with the company's current consensus rating also being "hold."
• Fuji Electric has a market cap of $9.78 billion and a PE ratio of 0.07, indicating it operates across various segments including power semiconductors and electronics solutions.

Fuji Electric Co., Ltd. - Unsponsored ADR (OTCMKTS:FELTY - Get Free Report)'s share price shot up 0.9% on Monday . The stock traded as high as $17.07 and last traded at $16.59. 9,981 shares changed hands during trading, a decline of 38% from the average session volume of 16,202 shares. The stock had previously closed at $16.45.

Analyst Upgrades and Downgrades

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

Fuji Electric Stock Up 0.9%

The company has a market cap of $9.78 billion and a PE ratio of 0.07. The business has a 50-day simple moving average of $15.55 and a 200-day simple moving average of $12.56.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.