Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) saw unusually-high trading volume on Monday. 11,650 shares traded hands during trading, an increase of 76% from the average daily volume of 6,603 shares. The stock last traded at $5.22 and had previously closed at $5.16.
Analyst Ratings Changes
Separately, UBS Group upgraded Fortum Oyj from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on FOJCY
Fortum Oyj Stock Performance
The company’s 50 day moving average price is $5.22 and its 200 day moving average price is $4.84.
Fortum Oyj Company Profile
Fortum Oyj is a Finnish energy company headquartered in Espoo. It generates and sells electricity and provides energy-related services to households and businesses, with operations focused primarily on the Nordic region.
The company’s power generation portfolio includes hydropower, nuclear power, wind and solar energy. Fortum also supplies energy to customers and provides heating and cooling services in selected markets.
Fortum was formed in 1998 through the combination of Finland’s Imatran Voima and the energy business of Neste.
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