Fuelcell Energy Inc (NASDAQ: FCEL) is -74.40% lower on its value in year-to-date trading and has touched a low of $3.58 and a high of $20.85 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 $4.99 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $5.16, the stock is -6.63% and -3.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.01 million and changing 3.41% at the moment leaves the stock -29.79% off its SMA200. FCEL registered -42.92% loss for a year compared to 6-month loss of -46.64%. The firm has a 50-day simple moving average (SMA 50) of $5.2718 and a 200-day simple moving average (SMA200) of $7.45305.
The stock witnessed a -25.65% gain in the last 1 month and extending the period to 3 months gives it a 29.00%, and is -10.10% 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 6.27% over the week and 7.70% over the month.
Fuelcell Energy Inc (FCEL) has around 584 employees, a market worth around $117.60M and $129.42M in sales. Profit margin for the company is -110.99%. Distance from 52-week low is 44.26% and -75.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.26%).
The EPS is expected to grow by 23.65% this year
165.0 institutions hold shares in Fuelcell Energy Inc (FCEL), with institutional investors hold 38.20% of the company’s shares. The shares outstanding are 22.78M, and float is at 22.71M with Short Float at 13.73%. Institutions hold 38.07% 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.
