Market Recap: Fuelcell Energy Inc (FCEL)’s Positive Momentum, Closing at 6.56

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

The closing price of Fuelcell Energy Inc (NASDAQ: FCEL) was $6.56 for the day, up 3.63% from the previous closing price of $6.33. In other words, the price has increased by $3.63 from its previous closing price. On the day, 1.03 million shares were traded.

Ratios:

Our analysis of FCEL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.48 and its Current Ratio is at 6.01. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.17.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on December 20, 2024, Reiterated its Hold rating but revised its target price to $12 from $2 previously.

On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $3.85.UBS initiated its Neutral rating on December 14, 2022, with a $3.85 target price.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.20.

Stock Price History:

Over the past 52 weeks, FCEL has reached a high of $37.20, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is -20.12%, while the 200-Day Moving Average is calculated to be -49.62%.

Shares Statistics:

A total of 21.14M shares are outstanding, with a floating share count of 21.07M. Insiders hold about 0.36% of the company’s shares, while institutions hold 39.63% stake in the company.

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