Fuelcell Energy Inc (NASDAQ: FCEL) is -37.61% lower on its value in year-to-date trading and has touched a low of $3.58 and a high of $30.90 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 $5.63 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $5.64, the stock is 18.69% and 27.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 0.18% at the moment leaves the stock -32.99% off its SMA200. FCEL registered -79.06% loss for a year compared to 6-month loss of -52.49%. The firm has a 50-day simple moving average (SMA 50) of $4.4068 and a 200-day simple moving average (SMA200) of $8.4179.
The stock witnessed a 50.00% gain in the last 1 month and extending the period to 3 months gives it a -7.69%, and is 0.53% 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 7.54% over the week and 7.92% over the month.
Fuelcell Energy Inc (FCEL) has around 584 employees, a market worth around $128.11M and $114.44M in sales. Profit margin for the company is -120.36%. Distance from 52-week low is 57.68% and -81.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.88%).
The EPS is expected to grow by 27.53% this year
166.0 institutions hold shares in Fuelcell Energy Inc (FCEL), with institutional investors hold 40.98% of the company’s shares. The shares outstanding are 22.71M, and float is at 22.63M with Short Float at 22.40%. Institutions hold 40.83% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 34.36 million shares valued at $$21.95 million. The investor’s holdings represent 0.2082 of the FCEL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.26 million shares valued at $$21.25 million to account for 0.2015 of the shares outstanding. The other top investors are LEGAL & GENERAL GROUP PLC which holds 21.93 million shares representing 0.1329 and valued at over $$14.01 million, while GOLDMAN SACHS GROUP INC holds 0.0747 of the shares totaling 12.33 million with a market value of $$7.87 million.
