B. Riley upgraded shares of FuelCell Energy (NASDAQ:FCEL – Free Report) to a hold rating in a research note issued to investors on Tuesday, Zacks.com reports.
FuelCell Energy Price Performance
Shares of NASDAQ:FCEL opened at $0.64 on Tuesday. The firm has a market cap of $317.52 million, a PE ratio of -2.56 and a beta of 3.56. FuelCell Energy has a 52 week low of $0.61 and a 52 week high of $2.54. The firm’s fifty day moving average is $0.83 and its 200-day moving average is $1.11. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.80 and a current ratio of 6.55.
FuelCell Energy (NASDAQ:FCEL – Get Free Report) last released its quarterly earnings results on Monday, June 10th. The energy company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. The firm had revenue of $22.42 million for the quarter, compared to analyst estimates of $22.12 million. FuelCell Energy had a negative return on equity of 15.66% and a negative net margin of 123.30%. During the same quarter in the previous year, the company posted ($0.09) EPS. Sell-side analysts predict that FuelCell Energy will post -0.26 earnings per share for the current year.
Hedge Funds Weigh In On FuelCell Energy
FuelCell Energy Company Profile
FuelCell Energy, Inc, together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.
See Also
- Five stocks we like better than FuelCell Energy
- Why Invest in High-Yield Dividend Stocks?
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- What is the Dogs of the Dow Strategy? Overview and Examples
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- How to Use the MarketBeat Stock Screener
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for FuelCell Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FuelCell Energy and related companies with MarketBeat.com's FREE daily email newsletter.