Fortum Oyj (OTCMKTS:FOJCY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Fortum Oyj (OTCMKTS:FOJCYGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.82 and traded as low as $2.76. Fortum Oyj shares last traded at $2.84, with a volume of 1,553 shares trading hands.

Fortum Oyj Stock Performance

The firm’s 50 day simple moving average is $2.82 and its 200-day simple moving average is $2.98.

Fortum Oyj Company Profile

(Get Free Report)

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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