FuelCell Energy Inc. (NASDAQ:FCEL) finished Thursday with a subtraction of -$0.21 to close at $3.72, a downside of -5.34 percent. An average of 9,579,320 shares of common stock have been traded in the last five days. There was a fall of -$0.53 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 11,148,050 shares traded, while the 50-day average volume stands at 14,408,452.
FCEL stock has decreased by -6.53% in the last month. The company shares reached their 1-month lowest point of $3.67 on 09/22/22. With the stock rallying to its 52-week high on 03/11/22, shares of the company touched a low of $2.87 and a high of $11.63 in 52 weeks. It has reached a new high 9 times so far this year and lost -28.46% or -$1.48 in price. In spite of this, the price is down -68.01% from the 52-week high.
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303 days have passed since FuelCell Energy Inc. (FCEL) last reported insider trading activity. Bishop Michael S., who is EVP, CFO & Treasurer, most recently acquired $6,000 shares at $9.24 per share on Nov 24.
FuelCell Energy Inc. (FCEL) stock’s beta is 3.85. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 15.16, the price-to-book (PB) ratio at 2.09.
The quick ratio of FuelCell Energy Inc. for the three months ended July 30 was 6.20, and the current ratio was 7.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.11 and a total debt to equity ratio of 0.12 for the quarter ending July 30. Its gross profit as reported stood at -$15.64 million compared to revenue of $69.58 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, FuelCell Energy Inc.’s return on assets was -14.10%.
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$30.21 million in the quarter, while revenues were grew 57.63%. The analyst consensus anticipated FuelCell Energy Inc.’s latest quarter earnings to come in at -$0.06 per share, but it turned out to be -$0.08, a -33.30% surprise. For the quarter, EBITDA amounted to -$22.73 million. Shareholders own equity worth $405.56 million.
From a technical analysis perspective, let’s take a brief look at FuelCell Energy Inc. (FCEL) price momentum. RSI 9-day as of the close on 22 September was 36.27%, suggesting the stock is Neutral, with historical volatility in this time frame at 58.73%.
As of today, FCEL’s price is $3.92 -12.47% or -$0.53 from its 5-day moving average. FCEL is currently trading -15.84% lower than its 20-day SMA and -8.82% lower than its 100-day SMA. However, the stock’s current price level is -5.82% below the SMA50 and -48.30% below the SMA200.
The stochastic %K and %D were 19.55% and 28.60%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 6.10% and the average true range at 0.29, the RSI (14) stands at 41.21%. The stock has reached -0.23 on the 9-day MACD Oscillator while the 14-day reading was at -0.19.
The consensus rating for FuelCell Energy Inc. (FCEL) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell FCEL, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is FCEL’s price target for the next 12 months?
Analysts predict a range of price targets between $3.00 and $5.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for FuelCell Energy Inc. (FCEL) stock is $4.33.