FuelCell Energy (NASDAQ:FCEL) Shares Gap Up to $0.38
FuelCell Energy Inc (NASDAQ:FCEL)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $0.40, but opened at $0.38. FuelCell Energy shares last traded at $0.36, with a volume of 428,203 shares.
A number of brokerages have recently commented on FCEL. Zacks Investment Research lowered shares of FuelCell Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. ValuEngine upgraded shares of FuelCell Energy from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Oppenheimer lowered shares of FuelCell Energy from an “outperform” rating to a “market perform” rating in a report on Thursday, June 6th. Cowen lowered shares of FuelCell Energy from an “outperform” rating to a “market perform” rating in a report on Thursday, June 6th. Finally, CIBC reiterated a “market perform” rating on shares of FuelCell Energy in a report on Thursday, June 6th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $21.19.
The company has a market cap of $10.42 million, a price-to-earnings ratio of -0.04 and a beta of 1.18. The business’s fifty day moving average price is $0.44 and its 200 day moving average price is $0.51. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.94 and a quick ratio of 0.43.
About FuelCell Energy (NASDAQ:FCEL)
FuelCell Energy, Inc, together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications.
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