FuelCell Energy Inc. (NASDAQ: FCEL)’s stock price has increased by 1.64 compared to its previous closing price of 3.04. However, the company has seen a -8.04% decrease in its stock price over the last five trading sessions. Barron’s reported on 03/09/23 that FuelCell Stock Is Rising. Its Sales Beat Is Just One Reason.
Is It Worth Investing in FuelCell Energy Inc. (NASDAQ: FCEL) Right Now?
Moreover, the 36-month beta value for FCEL is 3.74. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 2 as “sell.”
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The average price recommended by analysts for FuelCell Energy Inc. (FCEL) is $3.26, which is $0.17 above the current market price. The public float for FCEL is 405.31M and currently, short sellers hold a 14.75% of that float. On March 17, 2023, FCEL’s average trading volume was 11.47M shares.
FCEL’s Market Performance
The stock of FuelCell Energy Inc. (FCEL) has seen a -8.04% decrease in the past week, with a -11.46% drop in the past month, and a -15.34% fall in the past quarter. The volatility ratio for the week is 8.67%, and the volatility levels for the past 30 days are at 7.51% for FCEL. The simple moving average for the last 20 days is -7.61% for FCEL stock, with a simple moving average of -13.54% for the last 200 days.
Analysts’ Opinion of FCEL
Many brokerage firms have already submitted their reports for FCEL stocks, with UBS repeating the rating for FCEL by listing it as a “Neutral.” The predicted price for FCEL in the upcoming period, according to UBS is $3.85 based on the research report published on December 14th of the previous year 2022.
Jefferies, on the other hand, stated in their research note that they expect to see FCEL reach a price target of $3. The rating they have provided for FCEL stocks is “Hold” according to the report published on October 19th, 2022.
FCEL Trading at -8.75% from the 50-Day Moving Average
After a stumble in the market that brought FCEL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.11% of loss for the given period.
Volatility was left at 7.51%, however, over the last 30 days, the volatility rate increased by 8.67%, as shares sank -19.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.17% upper at present.
During the last 5 trading sessions, FCEL fell by -8.04%, which changed the moving average for the period of 200-days by -26.78% in comparison to the 20-day moving average, which settled at $3.31. In addition, FuelCell Energy Inc. saw 11.15% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FCEL
Current profitability levels for the company are sitting at:
- -108.78 for the present operating margin
- -21.30 for the gross margin
The net margin for FuelCell Energy Inc. stands at -109.38. Equity return is now at value -18.10, with -13.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.76.
Conclusion
To wrap up, the performance of FuelCell Energy Inc. (FCEL) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
