FuelCell Energy Inc. (NASDAQ: FCEL) is 12.59% higher on its value in year-to-date trading and has touched a low of $2.47 and a high of $7.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FCEL stock was last observed hovering at around $3.18 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $3.10 for the next 12 months. It is also 21.75% off the consensus price target high of $4.00 offered by 10 analysts, but current levels are -56.5% lower than the price target low of $2.00 for the same period.
Currently trading at $3.13, the stock is -7.49% and -7.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.34 million and changing -1.57% at the moment leaves the stock -12.60% off its SMA200. FCEL registered -53.35% loss for a year compared to 6-month loss of -28.21%.
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The stock witnessed a -8.75% gain in the last 1 month and extending the period to 3 months gives it a -3.10%, and is -6.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.77% over the week and 7.68% over the month.
FuelCell Energy Inc. (FCEL) has around 513 employees, a market worth around $1.38B and $130.50M in sales. Profit margin for the company is -95.00%. Distance from 52-week low is 26.72% and -55.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.90%).
FuelCell Energy Inc. (FCEL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for FuelCell Energy Inc. (FCEL) is a “Hold”. 10 analysts offering their recommendations for the stock have an average rating of 3.30, where 6 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
FuelCell Energy Inc. is expected to release its quarterly report on 06/08/2023.The EPS is expected to shrink by -22.30% this year.
FuelCell Energy Inc. (FCEL) Top Institutional Holders
The shares outstanding are 405.80M, and float is at 405.31M with Short Float at 14.75%.
FuelCell Energy Inc. (FCEL) Insider Activity
A total of 22 insider transactions have happened at FuelCell Energy Inc. (FCEL) in the last six months, with sales accounting for 11 and purchases happening 11 times.