Fortum Oyj (OTCMKTS:FOJCY) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Fortum Oyj (OTCMKTS:FOJCYGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.79 and traded as high as $2.88. Fortum Oyj shares last traded at $2.88, with a volume of 1,660 shares.

Fortum Oyj Trading Up 1.8 %

The company’s 50 day moving average price is $2.79 and its 200 day moving average price is $2.95.

Fortum Oyj Company Profile

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Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.

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