FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report) has been assigned a consensus rating of “Reduce” from the six analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $10.23.
A number of equities research analysts have weighed in on FCEL shares. Jefferies Financial Group lowered their price target on FuelCell Energy from $15.00 to $8.40 and set a “hold” rating on the stock in a research report on Friday. TD Cowen boosted their target price on FuelCell Energy from $2.00 to $12.00 and gave the stock a “hold” rating in a research report on Friday. StockNews.com started coverage on FuelCell Energy in a research note on Tuesday, November 12th. They issued a “sell” rating for the company. Canaccord Genuity Group reissued a “hold” rating and set a $12.00 price target on shares of FuelCell Energy in a research note on Friday. Finally, UBS Group cut their price objective on shares of FuelCell Energy from $15.00 to $13.75 and set a “neutral” rating for the company in a research note on Tuesday, December 3rd.
Read Our Latest Analysis on FuelCell Energy
Institutional Trading of FuelCell Energy
FuelCell Energy Stock Performance
NASDAQ:FCEL opened at $10.42 on Friday. The stock has a market cap of $192.93 million, a P/E ratio of -1.33 and a beta of 3.64. The company has a quick ratio of 4.97, a current ratio of 6.91 and a debt-to-equity ratio of 0.18. The business’s 50-day moving average price is $9.79 and its two-hundred day moving average price is $13.94. FuelCell Energy has a twelve month low of $5.45 and a twelve month high of $55.20.
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.
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