On September 27, 2024, at 02:11 PM EST, FuelCell Energy (FCEL, Financial) saw a significant price movement, with its stock price rising by 5.07%. As of the latest update, the stock is priced at $0.406 per share with a trading volume of 18.67 million shares. The turnover rate is 3.36%, and the stock's volatility is 3.91%.
Recent financial reports show that FuelCell Energy recorded a revenue of $23.70 million, a net loss of $32.66 million, and an earnings per share (EPS) of -$0.07. The gross profit stood at -$5.10 million, translating to a price-earnings (P/E) ratio of -1.56.
Regarding institutional ratings, out of nine institutions, 11% recommend buying the stock, 67% suggest holding, and 22% advise selling.
In the electrical equipment parts industry, where FuelCell Energy operates, the overall decline is 0.93%. Amongst its peers, Expion360 Inc. and Dragonfly Energy Holdings Corp have seen significant gains, while Expion360 Inc., Plug Power (PLUG), and FuelCell Energy itself remain highly active with turnover rates of 414.89%, 5.62%, and 3.36%, respectively. Notable volatility was observed in stocks such as Eos Energy Enterprises Inc. and Ads Tec Energy Plc.
FuelCell Energy Inc. specializes in the design, manufacture, sale, installation, operation, and service of fuel cell products and electrolyzer platforms that decarbonize power and produce hydrogen. Its services cater to various sectors including industrial, wastewater treatment, commercial and hospitality, data centers and communication, education, and healthcare. The majority of the company's revenue comes from the U.S., followed by South Korea.
