Fuelcell Energy Inc (NASDAQ: FCEL) is -14.38% lower on its value in year-to-date trading and has touched a low of $5.45 and a high of $45.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FCEL stock was last observed hovering at around $7.58 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $7.74, the stock is -11.41% and -22.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 2.11% at the moment leaves the stock -48.48% off its SMA200. FCEL registered -77.95% loss for a year compared to 6-month loss of -47.35%. The firm has a 50-day simple moving average (SMA 50) of $9.9716 and a 200-day simple moving average (SMA200) of $15.1126.
The stock witnessed a -39.15% gain in the last 1 month and extending the period to 3 months gives it a -32.23%, and is -0.39% 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 6.69% over the week and 8.12% over the month.
Fuelcell Energy Inc (FCEL) has around 584 employees, a market worth around $158.28M and $112.13M in sales. Profit margin for the company is -115.23%. Distance from 52-week low is 42.15% and -83.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.36%).
The EPS is expected to grow by 32.41% this year
248.0 institutions hold shares in Fuelcell Energy Inc (FCEL), with institutional investors hold 31.50% of the company’s shares. The shares outstanding are 20.45M, and float is at 20.38M with Short Float at 24.67%. Institutions hold 31.39% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 34.36 million shares valued at $21.95 million. The investor’s holdings represent 7.5859 of the FCEL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.26 million shares valued at $21.25 million to account for 7.3421 of the shares outstanding. The other top investors are LEGAL & GENERAL GROUP PLC which holds 21.96 million shares representing 4.8469 and valued at over $14.03 million, while GOLDMAN SACHS GROUP INC holds 2.721 of the shares totaling 12.33 million with a market value of $7.87 million.
