Is Fuelcell Energy Inc (FCEL) a good stock to buy now?

Fuelcell Energy Inc (NASDAQ: FCEL) is -46.02% 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 $4.12 in the last trading session, with the day’s gains setting it 0.76%.

Currently trading at $4.88, the stock is 20.15% and 6.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 18.45% at the moment leaves the stock -45.15% off its SMA200. FCEL registered -81.03% loss for a year compared to 6-month loss of -18.12%.

The stock witnessed a 25.45% gain in the last 1 month and extending the period to 3 months gives it a -38.38%, and is 6.55% 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 11.25% over the week and 7.98% over the month.

Fuelcell Energy Inc (FCEL) has around 584 employees, a market worth around $110.85M and $114.44M in sales. Profit margin for the company is -120.36%. Distance from 52-week low is 36.43% and -84.21% 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.

Fuelcell Energy Inc (FCEL) Top Institutional Holders

The shares outstanding are 22.71M, and float is at 22.63M with Short Float at 22.25%.

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 21.96 million shares representing 0.133% and valued at over $14.03 million, while GOLDMAN SACHS GROUP INC holds 0.0747 of the shares totaling 12.33 million with a market value of $7.87 million.