Boom Or Bust: What Are Fuelcell Energy Inc’s (NASDAQ:FCEL) Future Prospects?

Fuelcell Energy Inc (NASDAQ:FCEL)’s traded shares stood at 14.28 million during the latest session, with the company’s beta value hitting 3.79. At the last check today, the stock’s price was $0.97, to imply a decrease of -2.88% or -$0.03 in intraday trading. The FCEL share’s 52-week high remains $2.94, putting it -203.09% down since that peak but still an impressive -1.03% since price per share fell to its 52-week low of $0.98. The company has a valuation of $438.93M, with an average of 12.06 million shares over the past 3 months.

Fuelcell Energy Inc (NASDAQ:FCEL) trade information

After registering a -2.88% downside in the latest session, Fuelcell Energy Inc (FCEL) has traded red over the past five days. The stock hit a weekly high of 1.1600, dropping -2.88% in its intraday price action. The 5-day price performance for the stock is -14.80%, and -8.37% over 30 days. With these gigs, the year-to-date price performance is -39.30%.

Fuelcell Energy Inc (FCEL) estimates and forecasts

Looking at statistics comparing Fuelcell Energy Inc share performance against respective industry, we note that the company has underperformed competitors. Fuelcell Energy Inc (FCEL) shares are -30.38% down over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 9.10%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 50.65% for the past 5-year period. While 2024 is set for a -5.40% return in earnings, projections for the next 5 years are at 15.00% annually.

FCEL Dividends

Fuelcell Energy Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Fuelcell Energy Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.