FuelCell EnergyInc. (NASDAQ:FCEL) traded at $9.09 at close of the session on Tuesday, May 04, made a downturn move of -6.39% on its previous day’s price.
Looking at the stock we see that its previous close was $9.71 and the beta (5Y monthly) reads 4.98 with the day’s price range being $8.96 – 9.77. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, FCEL has a high of $29.44 and a low of $1.58. The company’s stock has gained about -36.66% over that past 30 days.
FuelCell EnergyInc. has a market cap of $3.04 Billion and is expected to release its quarterly earnings report on Jun 10, 2021- Jun 14, 2021. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the FCEL stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.05, with the EPS growth for the year raised at -$0.29 for 2021 and -$0.17 for next year. These figures represent -0.31% and -0.41% growth in EPS for the two years respectively.
On the other hand, looking at the outlook for the FCEL stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of Hold.
Based on estimates by 10 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the FuelCell EnergyInc. (FCEL) stock as a Hold, while none rate it as a Buy. None analyst(s) rate it as outperform while none of them rated it as underperform, whereas 3 suggest the stock as a Sell. The stock has an overall rating of Underweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the FCEL stock currently stands at 0, and the current price level is -15.91% off its SMA20 and -33.41% from its 50-day simple moving average. The RSI (14) is pointing at 34.77 while the volatility over the past week is 8.22% and jumps to 9.21% over the past one month. The beta value is 4.98, while the average true range (ATR) is currently pointing at 1. The average price target for the stock over the next 12 months is $11.59, with the estimates having a low of $4 and a high of $17.2. These price ends are -56% and +89.22% off the current price level respectively, although investors could be excited at the prospect of a +34.76% if the FCEL share price touches on the median price of $12.25.
Let’s briefly compare FuelCell EnergyInc. (FCEL) stock to its peers. We find that current price change of -6.39% and +366.15% over the past 12 months for FCEL competes that of Equinor ASA (EQNR), which has seen its stock price rise 1.48% in the last trading session and was +58.72% over the last one year. Another of its peers Tc Energy Corp (TRP) has climbed 0.75% previous session, and was +10.31% up over the past year, while Evergy Inc (EVRG) was also down -6.39% in the last session, while its price remained in the green at 366.15% over the same period. FuelCell EnergyInc. has a P/E ratio of 0 compared to Equinor ASA’s 0 and Tc Energy Corp’s 12.91. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.27% and 0.7%, respectively, at close of the trading.
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Coming back to FuelCell EnergyInc. (NASDAQ:FCEL), we note that the average 3-month trading volume was 42.02 Million, while that of the preceding 10-day period stands at 28.1 Million. Current shares outstanding are 322.43 Million.
According to data from Thomson Reuters, insiders hold 4.11% of the company’s shares while institutions hold 32.36%. The data shows that short shares as of April 14, 2021, stood at 36.41 Million at a short ratio of 1.39. This represents a 11.29% short interest in shares outstanding on April 14, 2021. Shares short rose in April from the previous month at 32.65 Million. Investors should be worried about this stock as its upside potential is weak, with current price pushing the stock -18.62% down in year-to-date price movement.