Shares of FuelCell Energy Inc (NASDAQ:FCEL) gapped down prior to trading on Monday . The stock had previously closed at $0.81, but opened at $0.82. FuelCell Energy shares last traded at $0.87, with a volume of 771,523 shares trading hands.
Several equities research analysts have recently weighed in on FCEL shares. ValuEngine raised FuelCell Energy from a “hold” rating to a “buy” rating in a report on Thursday. Zacks Investment Research upgraded FuelCell Energy from a “hold” rating to a “buy” rating and set a $0.50 price target for the company in a research note on Monday, September 16th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $21.13.
The company has a debt-to-equity ratio of 0.94, a current ratio of 0.97 and a quick ratio of 0.37. The company has a 50 day moving average price of $0.35 and a 200 day moving average price of $0.50. The firm has a market cap of $172.14 million, a PE ratio of -0.09 and a beta of 1.06.
A hedge fund recently bought a new stake in FuelCell Energy stock. Jane Street Group LLC acquired a new position in FuelCell Energy Inc (NASDAQ:FCEL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 150,648 shares of the energy company’s stock, valued at approximately $27,000. Jane Street Group LLC owned approximately 0.55% of FuelCell Energy as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 3.48% of the company’s stock.
About FuelCell Energy (NASDAQ:FCEL)
FuelCell Energy, Inc, together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications.
Receive News & Ratings for FuelCell Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FuelCell Energy and related companies with MarketBeat.com's FREE daily email newsletter.