FuelCell Energy (NASDAQ:FCEL - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect FuelCell Energy to post earnings of ($1.55) per share and revenue of $35.37 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.
FuelCell Energy Stock Performance
FCEL stock traded up $0.44 during midday trading on Friday, hitting $6.61. 569,480 shares of the stock traded hands, compared to its average volume of 1,290,792. The stock's fifty day simple moving average is $8.46 and its 200-day simple moving average is $10.08. The firm has a market cap of $139.76 million, a P/E ratio of -0.83 and a beta of 3.71. FuelCell Energy has a 1-year low of $5.12 and a 1-year high of $37.20. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.01 and a quick ratio of 4.48.
Wall Street Analysts Forecast Growth
FCEL has been the subject of a number of recent analyst reports. Jefferies Financial Group cut their price objective on FuelCell Energy from $15.00 to $8.40 and set a "hold" rating for the company in a research report on Friday, December 20th. Canaccord Genuity Group restated a "hold" rating and set a $12.00 price objective on shares of FuelCell Energy in a research report on Friday, December 20th. TD Cowen boosted their target price on shares of FuelCell Energy from $2.00 to $12.00 and gave the stock a "hold" rating in a research note on Friday, December 20th. UBS Group decreased their price target on shares of FuelCell Energy from $15.00 to $13.75 and set a "neutral" rating on the stock in a research note on Tuesday, December 3rd. Finally, StockNews.com began coverage on shares of FuelCell Energy in a research note on Tuesday, November 12th. They issued a "sell" rating on the stock. Two investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to data from MarketBeat.com, FuelCell Energy presently has an average rating of "Hold" and an average target price of $10.23.
Read Our Latest Research Report on FuelCell Energy
About FuelCell Energy
(
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FuelCell Energy, Inc, together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.
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