Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY – Get Free Report)’s stock price dropped 2.1% during mid-day trading on Monday . The stock traded as low as $10.50 and last traded at $10.61. Approximately 1,503 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 1,918 shares. The stock had previously closed at $10.83.
Furukawa Electric Price Performance
The company’s 50-day moving average is $10.19 and its 200-day moving average is $8.66.
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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