FuelCell Energy Inc. (FCEL) Trading Down 2.5%
Shares of FuelCell Energy Inc. (NASDAQ:FCEL) were down 2.5% during trading on Wednesday . The company traded as low as $4.98 and last traded at $5.07, with a volume of 520,671 shares traded. The stock had previously closed at $5.20.
A number of analysts have commented on FCEL shares. Roth Capital reaffirmed a “buy” rating and set a $12.00 price target on shares of FuelCell Energy in a research report on Friday, June 10th. Craig Hallum started coverage on FuelCell Energy in a research report on Monday, May 2nd. They set a “buy” rating and a $13.00 price target for the company. Finally, FBR & Co reaffirmed a “buy” rating on shares of FuelCell Energy in a research report on Sunday, May 8th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $13.93.
The stock’s 50-day moving average is $5.52 and its 200 day moving average is $6.02. The company’s market capitalization is $160.07 million.
FuelCell Energy (NASDAQ:FCEL) last posted its earnings results on Wednesday, June 8th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of ($0.40) by $0.16. During the same quarter in the previous year, the firm earned ($0.48) earnings per share. Equities analysts expect that FuelCell Energy Inc. will post ($1.67) earnings per share for the current year.
FuelCell Energy, Inc is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services stationary fuel cell power plants for distributed power generation. The Company’s segment is fuel cell power plant production and research. The Company’s power plants provide on-site power and utility grid support.
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