Shares of Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY – Get Free Report) shot up 21.8% during trading on Friday . The stock traded as high as $26.00 and last traded at $26.00. 1,028 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 3,574 shares. The stock had previously closed at $21.35.
Furukawa Electric Stock Up 21.8 %
The firm’s fifty day simple moving average is $21.42 and its 200 day simple moving average is $15.41.
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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