Fusion Fuel Green (NASDAQ:HTOO) Issues Earnings Results

Fusion Fuel Green (NASDAQ:HTOO) posted its quarterly earnings data on Tuesday. The company reported ($0.66) earnings per share for the quarter, FiscalAI reports. The business had revenue of $3.73 million for the quarter.

Fusion Fuel Green Stock Performance

Shares of NASDAQ HTOO opened at $1.90 on Wednesday. Fusion Fuel Green has a one year low of $1.80 and a one year high of $5.20. The business has a 50-day moving average price of $2.19 and a two-hundred day moving average price of $2.65.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Fusion Fuel Green from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Fusion Fuel Green presently has a consensus rating of “Sell”.

Fusion Fuel Green Company Profile

Fusion Fuel Green PLC is a green hydrogen technology company that develops systems for producing hydrogen using renewable energy. The company’s activities center on integrating solar power with electrolysis, allowing water to be converted into hydrogen without relying on fossil-fuel-based electricity.

Its principal technology is the HEVO electrolyzer, a modular unit designed for distributed hydrogen production. Fusion Fuel has also developed solar-integrated configurations, including HEVO-SOLAR, as well as related engineering, project development, and turnkey solutions for customers seeking renewable hydrogen infrastructure.

Founded in Portugal, Fusion Fuel has focused on opportunities in Portugal and other European markets, while also pursuing projects and partnerships in regions such as Spain and Morocco.