Shares of Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY – Get Free Report) traded up 18.5% on Monday . The stock traded as high as $35.00 and last traded at $35.00. 355 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 1,304 shares. The stock had previously closed at $29.5250.
Furukawa Electric Trading Up 18.5%
The company has a 50-day moving average of $31.63 and a 200 day moving average of $29.22.
About Furukawa Electric
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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