FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 88,750,000 shares, a decline of 6.1% from the March 15th total of 94,540,000 shares. Based on an average trading volume of 11,930,000 shares, the short-interest ratio is presently 7.4 days.
FuelCell Energy Price Performance
Shares of NASDAQ FCEL traded down $0.02 during mid-day trading on Tuesday, reaching $1.00. The company had a trading volume of 9,696,187 shares, compared to its average volume of 11,907,884. The company has a current ratio of 8.26, a quick ratio of 6.35 and a debt-to-equity ratio of 0.17. The stock has a market cap of $451.86 million, a PE ratio of -3.74 and a beta of 3.76. The company has a 50-day moving average price of $1.19 and a two-hundred day moving average price of $1.25. FuelCell Energy has a 1-year low of $0.98 and a 1-year high of $2.94.
FuelCell Energy (NASDAQ:FCEL – Get Free Report) last issued its earnings results on Thursday, March 7th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. FuelCell Energy had a negative return on equity of 15.89% and a negative net margin of 105.56%. The business had revenue of $16.69 million for the quarter, compared to analysts’ expectations of $25.74 million. During the same period in the previous year, the firm posted ($0.05) EPS. The company’s quarterly revenue was down 55.0% on a year-over-year basis. On average, equities analysts anticipate that FuelCell Energy will post -0.28 earnings per share for the current year.
Institutional Inflows and Outflows
About FuelCell Energy
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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