FuelCell Energy Inc. (NASDAQ:FCEL) currently has a daily average trading volume of 10.66M but it saw 12700241 shares traded on Thursday. With a market cap of 898.41M USD, stock’s current market price of $2.05 came falling about -4.43 while comparing to the previous closing price of $2.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.50 and as low as $1.77. In the recent trading on the day, stock has struck highest price mark of $2.21 while lowest mark touched by it was $2.00.
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Taking a look at 20-day trading activity of FuelCell Energy Inc. (FCEL) gives us an average price of $2.23, while its current price level is -62.73% below from 52-week high level whereas it is 15.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.38 while that of 200 days or SMA-200 reads an average of $3.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.80% during that period while stretching the period over a month that decreases to 8.46%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.16 which implies that the stock is in neutral territory.
Over the week, FCEL’s stock price is moving -10.48% down while it is 13.89% when we observe its performance for the past one month. Year-to-date it is -26.26% down and over the past year, the stock is showing a downside performance of -39.88%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2023, when its quarterly earnings per share (EPS) of -$0.05 beat the consensus estimate of -$0.07 for the same. The company is expected to be releasing its next quarterly report in 09/07/2023, for which analysts forecasted an EPS of -$0.08 while estimate for next year EPS is -$0.27. In next quarter, company is expected to be making quarterly sales of $33.65 million as analysts are expecting the sales for current fiscal year at $135.77 million and seeing the company making $195.82 million in sales next year. Moreover, analysts are in estimates of $25.45 million for current-quarter revenue.
Currently, FuelCell Energy Inc.’s total number of outstanding shares is 405.80M with 0.18% of that held by the insiders while 47.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -18.90% and return on equity (ROE) at -18.10%. Stock’s beta reads 3.65. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 6.62. Its return on asset (ROA) is -13.30% on average.
As per SEC documents, Vanguard Total Stock Market ETF shunned 12,547,591 of company’s common stock of worth $23.59 million as per recent closing price of the stock. Vanguard Total Stock Market ETF is not the only institutional holder which restructured its stake in FuelCell Energy Inc., as Vanguard Small Cap Index Fund dumped 10,641,537 shares of worth $20.01 million to bring its holdings to a total of 2598.0 shares. In the most recent quarter, iShares Russell 2000 ETF came cutting its stake by -1.44% in the company and now holds 8.63 million or 2.13% of the company’s stake having worth of about 16.23 million.
