Shares of Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY – Get Free Report) rose 6.5% during trading on Tuesday . The stock traded as high as $12.50 and last traded at $12.50. Approximately 500 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 3,460 shares. The stock had previously closed at $11.74.
Furukawa Electric Trading Up 20.8 %
The stock has a 50-day moving average of $11.49 and a 200 day moving average of $12.01.
About Furukawa Electric
Furukawa Electric Co, Ltd. manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide. It operates through Infrastructure, Electronics & Automotive Systems, Functional Products, and Service and Developments segments. The company offers telecommunications products, such as broadband systems, routers/network equipment, and wireless products; and optical fiber cables and identifiers, optical closures/termination boxes, optical connectors/cords, fusion splicers/optical connecting tools, optical fiber line monitoring/management systems, optical active component, and metal communication cables, as well as wiring materials.
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