Fusion Fuel Green Ltd (NASDAQ:HTOO) price on Friday, June 13, fall -5.66% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.29.
A look at the stock’s price movement, the close in the last trading session was $0.31. Turning to its 52-week performance, $1.10 and $0.20 were the 52-week high and 52-week low respectively. Overall, HTOO moved -6.45% over the past month.
Fusion Fuel Green Ltd’s market cap currently stands at around $7.03 million, with investors looking forward to this quarter’s earnings report slated for in July.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend HTOO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HTOO’s current price about -4.92% and 4.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.55, while 7-day volatility ratio is 3.76% and 3.48% in the 30-day chart. Further, Fusion Fuel Green Ltd (HTOO) has a beta value of 1.93, and an average true range (ATR) of 0.03. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $7 and high of $7. Looking at the price targets, the low is -2313.79% off current price level while to achieve the yearly target high, price needs to move -2313.79%. Nonetheless, investors will most likely welcome a -2313.79% jump to $7 which is the analysts’ median price.
If we refocus on Fusion Fuel Green Ltd (NASDAQ:HTOO), historical trading data shows that trading volumes averaged 221.26K over the past 3 months. The company’s latest data on shares outstanding shows there are 24.24 million shares.
The 18.28% of Fusion Fuel Green Ltd’s shares are in the hands of company insiders while institutional holders own 9.13% of the company’s shares. Current price change has pushed the stock -48.48% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HTOO stock continues to rise going into the next quarter.
