Fusion Fuel Green Ltd (HTOO) Shares Down Despite Recent Market Volatility

Fusion Fuel Green Ltd (NASDAQ: HTOO) has experienced a decline in its stock price by -6.73 compared to its previous closing price of 0.50. However, the company has seen a fall of -9.60% in its stock price over the last five trading days. globenewswire.com reported 2024-08-07 that Ordinary shares will continue to trade on the Nasdaq Global Market, and the Company’s listing on such exchange is not affected by the receipt of the Notice Ordinary shares will continue to trade on the Nasdaq Global Market, and the Company’s listing on such exchange is not affected by the receipt of the Notice

Is It Worth Investing in Fusion Fuel Green Ltd (NASDAQ: HTOO) Right Now?

Additionally, the 36-month beta value for HTOO is 1.75. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for HTOO is 15.91M and currently, short sellers hold a 1.56% ratio of that float. The average trading volume of HTOO on October 03, 2024 was 100.77K shares.

HTOO’s Market Performance

HTOO stock saw a decrease of -9.60% in the past week, with a monthly decline of -25.40% and a quarterly a decrease of -43.71%. The volatility ratio for the week is 10.43%, and the volatility levels for the last 30 days are 9.47% for Fusion Fuel Green Ltd (HTOO). The simple moving average for the past 20 days is -17.91% for HTOO’s stock, with a -57.32% simple moving average for the past 200 days.

Analysts’ Opinion of HTOO

Many brokerage firms have already submitted their reports for HTOO stocks, with H.C. Wainwright repeating the rating for HTOO by listing it as a “Buy.” The predicted price for HTOO in the upcoming period, according to H.C. Wainwright is $25 based on the research report published on June 08, 2021 of the previous year 2021.

HTOO Trading at -28.62% from the 50-Day Moving Average

After a stumble in the market that brought HTOO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.89% of loss for the given period.

Volatility was left at 9.47%, however, over the last 30 days, the volatility rate increased by 10.43%, as shares sank -28.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.59% lower at present.

During the last 5 trading sessions, HTOO fell by -9.60%, which changed the moving average for the period of 200-days by -56.07% in comparison to the 20-day moving average, which settled at $0.5632. In addition, Fusion Fuel Green Ltd saw -58.04% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for HTOO

Current profitability levels for the company are sitting at:

  • -6.13 for the present operating margin
  • -2.02 for the gross margin

The net margin for Fusion Fuel Green Ltd stands at -6.28. The total capital return value is set at 2.72.

When we switch over and look at the enterprise to sales, we see a ratio of 1.59.

Conclusion

In conclusion, Fusion Fuel Green Ltd (HTOO) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.

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