FuelCell Energy Inc. (FCEL) Trading Down 1.8%
FuelCell Energy Inc. (NASDAQ:FCEL) shares dropped 1.8% on Tuesday . The company traded as low as $5.41 and last traded at $5.43, with a volume of 603,624 shares changing hands. The stock had previously closed at $5.53.
Several research analysts have weighed in on FCEL shares. Roth Capital started coverage on shares of FuelCell Energy in a research report on Monday, April 11th. They issued a “buy” rating and a $12.00 price target on the stock. Craig Hallum started coverage on shares of FuelCell Energy in a research report on Monday, May 2nd. They issued a “buy” rating and a $13.00 price target on the stock. Finally, FBR & Co reiterated a “buy” rating on shares of FuelCell Energy in a research report on Sunday, May 8th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. FuelCell Energy presently has an average rating of “Buy” and a consensus target price of $13.93.
The stock has a 50 day moving average price of $6.21 and a 200 day moving average price of $6.04. The stock’s market capitalization is $165.72 million.
FuelCell Energy (NASDAQ:FCEL) last issued its quarterly earnings data on Wednesday, June 8th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.40) by $0.16. During the same period in the previous year, the firm earned ($0.48) EPS. Equities analysts anticipate that FuelCell Energy Inc. will post ($1.75) EPS 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.