Fortum Oyj (OTCMKTS:FOJCY) Shares Gap Up – Should You Buy?

Fortum Oyj (OTCMKTS:FOJCYGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $5.00, but opened at $5.74. Fortum Oyj shares last traded at $5.82, with a volume of 6,287 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised Fortum Oyj to a “hold” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Analysis on FOJCY

Fortum Oyj Trading Down 0.9%

The company’s 50-day moving average price is $4.61 and its 200-day moving average price is $4.75.

About Fortum Oyj

(Get Free Report)

Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling solutions, with a focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, supported by electricity sales and related energy services.

Fortum also works with industrial and municipal customers on decarbonization, energy efficiency and the electrification of energy use.

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