Fortum Oyj (OTCMKTS:FOJCY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Fortum Oyj (OTCMKTS:FOJCYGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.80 and traded as low as $2.72. Fortum Oyj shares last traded at $2.74, with a volume of 3,796 shares changing hands.

Fortum Oyj Stock Up 4.0 %

The business has a fifty day simple moving average of $2.80 and a 200 day simple moving average of $2.96.

About Fortum Oyj

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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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