In today’s recent session, 20.9 million shares of the Fuelcell Energy Inc (NASDAQ:FCEL) have been traded, and its beta is 3.81. Most recently the company’s share price was $0.83, and it changed around -$0.05 or -6.41% from the last close, which brings the market valuation of the company to $373.92M. FCEL at last check was trading at a discount to its 52-week high of $2.94, offering almost -254.22% off that amount. The share price’s 52-week low was $0.87, which indicates that the recent value has fallen by an impressive -4.82% since then. We note from Fuelcell Energy Inc’s average daily trading volume that its 3-month average coming to 13.25 million.
Fuelcell Energy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 3.10. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended FCEL as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Fuelcell Energy Inc is expected to report earnings per share of $Avita Medical, Inc. for the current quarter.
Fuelcell Energy Inc (NASDAQ:FCEL) trade information
Instantly FCEL has been showing red trend so far today with a performance of -6.41% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -48.29% year-to-date, but still down -18.88% over the last five days. On the other hand, Fuelcell Energy Inc (NASDAQ:FCEL) is -31.05% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4.2, which translates to bulls needing to increase their stock price by 80.24% from its current value. Analyst projections state that FCEL is forecast to be at a low of $3 and a high of $5.75.
Fuelcell Energy Inc (FCEL) estimates and forecasts
Fuelcell Energy Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -32.46 percent over the past six months and at a 0.00% annual growth rate that is well below the industry average of 11.20%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 50.65%. Fuelcell Energy Inc earnings are expected to increase by -5.66% in 2024, but the outlook is positive 15.00% per year for the next five years.
