Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY – Get Free Report) shares were up 12.4% on Tuesday . The stock traded as high as $190.66 and last traded at $190.2950. Approximately 3,443 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 2,398 shares. The stock had previously closed at $169.26.
Furukawa Electric Price Performance
The company’s 50-day simple moving average is $132.15 and its two-hundred day simple moving average is $76.58.
Furukawa Electric Company Profile
Furukawa Electric Co, Ltd. is a Tokyo-based Japanese manufacturer providing a diverse range of electric wires, cables and high-tech components. Its core offerings include power transmission cables, optical fiber communication systems, copper wire rods, magnet wires, automotive wiring harnesses and electronic device packaging, serving sectors such as utilities, telecommunications, automotive and consumer electronics.
Established in 1884 during Japan’s Meiji period, Furukawa Electric is a key member of the Furukawa Group conglomerate.
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