The stock of Fuelcell Energy Inc (NASDAQ:FCEL) last traded at $1.17, up 1.74% from the previous session.
Data from the available sources indicates that Fuelcell Energy Inc (NASDAQ:FCEL) is covered by 10 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $3.20 and a low of $1.00, we find $2.00. Given the previous closing price of $1.15, this indicates a potential upside of 73.91 percent. FCEL stock price is now -2.40% away from the 50-day moving average and -43.42% away from the 200-day moving average. The market capitalization of the company currently stands at $527.24M.
In total, 7 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $1.95 as their price target over the next twelve months.
Insiders disposed of 289,052 shares of company stock worth roughly $0.34 million over the past 1 year. A total of 0.22% of the company’s stock is owned by insiders.
With an opening price of $1.1700 on Friday morning, Fuelcell Energy Inc (NASDAQ: FCEL) set off the trading day. During the past 12 months, Fuelcell Energy Inc has had a low of $0.98 and a high of $4.36. As of last week, the company has a debt-to-equity ratio of 0.15, a current ratio of 8.72, and a quick ratio of 7.27. The fifty day moving average price for FCEL is $1.1970 and a two-hundred day moving average price translates $2.0554 for the stock.
The latest earnings results from Fuelcell Energy Inc (NASDAQ: FCEL) was released for Jul, 2023. According to the Electrical Equipment & Parts Company, earnings per share came in at -$0.06, beating analysts’ expectations of -$0.08 by 0.02. This compares to -$0.07 EPS in the same period last year. The net profit margin was -87.68% and return on equity was -15.86% for FCEL. The company reported revenue of $25.51 million for the quarter, compared to $43.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -40.82 percent. For the current quarter, analysts expect FCEL to generate $25.17M in revenue.
