In last trading session, Fuelcell Energy Inc (NASDAQ:FCEL) saw 24.1 million shares changing hands with its beta currently measuring 3.81. Company’s recent per share price level of $0.90 trading at -$0.03 or -3.13% at ring of the bell on the day assigns it a market valuation of $406.19M. That closing price of FCEL’s stock is at a discount of -226.67% from its 52-week high price of $2.94 and is indicating a premium of 12.22% from its 52-week low price of $0.79. Taking a look at company’s average trading volume volume of 17.16 million if we extend that period to 3-months.
Fuelcell Energy Inc (NASDAQ:FCEL) trade information
Upright in the red during last session for losing -3.13%, in the last five days FCEL remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.90 price level, adding 7.02% to its value on the day. Fuelcell Energy Inc’s shares saw a change of -43.82% in year-to-date performance and have moved 4.15% in past 5-day. Fuelcell Energy Inc (NASDAQ:FCEL) showed a performance of -20.46% in past 30-days.
Fuelcell Energy Inc (FCEL) estimates and forecasts
Statistics highlight that Fuelcell Energy Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -14.40% of value to its shares in past 6 months, showing an annual growth rate of -3.85% while that of industry is 9.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 11.10% in the current quarter and calculating -16.70% decrease in the next quarter. This year revenue growth is estimated to fall -15.30% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $21.35 million for the same. And 8 analysts are in estimates of company making revenue of $28.97 million in the next quarter that will end on Jul 2024. Company posted -$ and -$ of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 50.65% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -5.44% while estimates for its earnings growth in next 5 years are of 15.00%.
FCEL Dividends
Fuelcell Energy Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
