Fusion Fuel Green Ltd (NASDAQ: HTOO) Surprises Wall Street With 17.99% Stock Price Gain

Fusion Fuel Green Ltd (NASDAQ:HTOO) has a beta value of 1.54 and has seen 0.53 million shares traded in the recent trading session. The company, currently valued at $9.60M, closed the recent trade at $0.55 per share which meant it gained $0.08 on the day or 17.99% during that session. The HTOO stock price is -745.45% off its 52-week high price of $4.65 and 49.09% above the 52-week low of $0.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 32.11 million shares traded. The 3-month trading volume is 5.35 million shares.

The consensus among analysts is that Fusion Fuel Green Ltd (HTOO) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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Fusion Fuel Green Ltd (NASDAQ:HTOO) trade information

Sporting 17.99% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HTOO stock price touched $0.55 or saw a rise of 6.78%. Year-to-date, Fusion Fuel Green Ltd shares have moved -50.64%, while the 5-day performance has seen it change -4.87%. Over the past 30 days, the shares of Fusion Fuel Green Ltd (NASDAQ:HTOO) have changed 47.41%. Short interest in the company has seen 0.59 million shares shorted with days to cover at 0.96.

Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 92.14% from the levels at last check today. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is -1172.73% off the targeted high while a plunge would see the stock gain -1172.73% from the levels at last check today.

Fusion Fuel Green Ltd (HTOO) estimates and forecasts

Figures show that Fusion Fuel Green Ltd shares have outperformed across the wider relevant industry. The company’s shares have lost -44.16% over the past 6 months, with this year growth rate of 55.90%, compared to 11.10% for the industry.

HTOO Dividends

Fusion Fuel Green Ltd is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Fusion Fuel Green Ltd (NASDAQ:HTOO)’s Major holders

The top two institutional holders are MAK CAPITAL ONE LLC with over 1.7 million shares worth more than $1.5 million. As of 2024-06-30, MAK CAPITAL ONE LLC held 8.7676% of shares outstanding.

The other major institutional holder is UBS GROUP AG, with the holding of over 0.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.15 million and represent 0.8887% of shares outstanding.