The price of Fuelcell Energy Inc (NASDAQ:FCEL) shares last traded on Wall Street rose 12.64% to $0.98.
FCEL stock price is now 4.81% away from the 50-day moving average and -17.24% away from the 200-day moving average. The market capitalization of the company currently stands at $442.47M.
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On December 14, 2022, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $3.85, while ‘Jefferies’ rates the stock as ‘Hold’
A total of 0.35% of the company’s stock is owned by insiders.
During the past 12 months, Fuelcell Energy Inc has had a low of $0.64 and a high of $2.94. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 6.55, and a quick ratio of 4.80. The fifty day moving average price for FCEL is $0.9296 and a two-hundred day moving average price translates $1.1809 for the stock.
The latest earnings results from Fuelcell Energy Inc (NASDAQ: FCEL) was released for 2024-01-31. The net profit margin was -126.06% and return on equity was -15.25% for FCEL. The company reported revenue of $16.69 million for the quarter, compared to $37.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -54.98 percent.
Fuelcell Energy Inc(FCEL) Company Profile
FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems. It also offers technology to produce electricity, heat, hydrogen, and water. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, commercial and hospitality, microgrids, manufacturing, industrial hydrogen, port, oil and gas, wind and solar projects, food and beverage, hydrogen for mobility and material handling, and hydrogen fuel for heat, as well as engineering, procurement, and construction firms. The company primarily operates in the United States, South Korea, and Europe. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
