FuelCell Energy (FCEL) Trading 9.9% Higher
FuelCell Energy, Inc. (NASDAQ:FCEL)’s share price traded up 9.9% during mid-day trading on Friday . The stock traded as high as $2.06 and last traded at $2.00. 4,066,900 shares changed hands during trading, an increase of 200% from the average session volume of 1,355,418 shares. The stock had previously closed at $1.82.
Several equities analysts have recently issued reports on the company. FBR & Co restated a “hold” rating on shares of FuelCell Energy in a research report on Tuesday, September 5th. Roth Capital restated a “neutral” rating and set a $1.50 target price on shares of FuelCell Energy in a research report on Tuesday, September 12th. CIBC assumed coverage on FuelCell Energy in a research report on Wednesday, October 4th. They set an “outperform” rating and a $4.00 target price for the company. B. Riley restated a “neutral” rating on shares of FuelCell Energy in a research report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded FuelCell Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. FuelCell Energy has a consensus rating of “Hold” and an average target price of $2.90.
The company has a quick ratio of 1.36, a current ratio of 2.71 and a debt-to-equity ratio of 0.70.
FuelCell Energy Company Profile
Fuelcell Energy, Inc delivers fuel cell power solutions. The Company is engaged in designing, manufacturing, installing, operating and maintaining fuel cell power solutions. The Company also provides turnkey power generation solutions to the customers, including power plant installation, operations and maintenance.
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