Fusion Fuel Green Ltd (HTOO) Looks Ready for Growth Despite 28.80% Change This Year

Fusion Fuel Green Ltd (NASDAQ: HTOO) is 28.80% higher on its value in year-to-date trading and has touched a low of $0.28 and a high of $4.65 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 HTOO stock was last observed hovering at around $0.71 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $0.73, the stock is 33.35% and 43.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing 2.26% at the moment leaves the stock -13.99% off its SMA200. HTOO registered -30.62% loss for a year compared to 6-month loss of -11.59%. The firm has a 50-day simple moving average (SMA 50) of $0.50576 and a 200-day simple moving average (SMA200) of $0.842915.

The stock witnessed a 127.99% gain in the last 1 month and extending the period to 3 months gives it a 34.28%, and is 27.64% up 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 18.84% over the week and 24.59% over the month.

Distance from 52-week low is 156.64% and -84.41% from its 52-week high.

Fusion Fuel Green Ltd (HTOO) Top Institutional Holders

The shares outstanding are 17.37M, and float is at 13.18M with Short Float at 7.53%.

The top institutional shareholder in the company is MAK CAPITAL ONE LLC with over 1.7 million shares valued at $1.5 million. The investor’s holdings represent 8.7676% of the HTOO Shares outstanding. As of 2024-06-30, the second largest holder is UBS GROUP AG with 0.17 million shares valued at $0.15 million to account for 0.8887 of the shares outstanding. The other top investors are BOOTHBAY FUND MANAGEMENT, LLC which holds 0.1 million shares representing 0.5379% and valued at over $91985.0, while PREMIER FUND MANAGERS LTD holds 0.3868 of the shares totaling 75000.0 with a market value of $64000.0.