Fusion Fuel Green Ltd (NASDAQ:HTOO) Is 41.67% Above Its 52-Week Low, But How Long Can It Continue?

In last trading session, Fusion Fuel Green Ltd (NASDAQ:HTOO) saw 0.3 million shares changing hands with its beta currently measuring 1.42. Company’s recent per share price level of $0.48 trading at $0.0 or -1.14% at ring of the bell on the day assigns it a market valuation of $8.30M. That closing price of HTOO’s stock is at a discount of -868.75% from its 52-week high price of $4.65 and is indicating a premium of 41.67% from its 52-week low price of $0.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.87 million shares which gives us an average trading volume of 5.39 million if we extend that period to 3-months.

For Fusion Fuel Green Ltd (HTOO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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Fusion Fuel Green Ltd (NASDAQ:HTOO) trade information

Upright in the red during last session for losing -1.14%, in the last five days HTOO remained trading in the green while hitting it’s week-highest on Tuesday, 12/17/24 when the stock touched $0.48 price level, adding 18.64% to its value on the day. Fusion Fuel Green Ltd’s shares saw a change of -57.31% in year-to-date performance and have moved 5.54% in past 5-day. Fusion Fuel Green Ltd (NASDAQ:HTOO) showed a performance of 51.78% in past 30-days. Number of shares sold short was 0.59 million shares which calculate 0.96 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 93.14% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -1358.33% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1358.33% for stock’s current value.

Fusion Fuel Green Ltd (HTOO) estimates and forecasts

Statistics highlight that Fusion Fuel Green Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -48.71% of value to its shares in past 6 months, showing an annual growth rate of 55.90% while that of industry is 7.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 302.32% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.53M for the same. And 1 analysts are in estimates of company making revenue of 4.21M in the next quarter.

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

MAK CAPITAL ONE LLC is the top institutional holder at HTOO for having 1.7 million shares of worth $1.5 million. And as of 2024-06-30, it was holding 8.7676 of the company’s outstanding shares.

The second largest institutional holder is UBS GROUP AG, which was holding about 0.17 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.8887 of outstanding shares, having a total worth of $0.15 million.