FuelCell Energy Inc. News: Why FCEL Stock Is Trending Lower Today

FuelCell Energy Inc. [FCEL] has traded in a range of $0.48 to $11.31 in the last 1 year. As of this writing, the stock is at $9.05, down -11.27%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, FCEL shares are 5.85% up with the monthly amount drift of 352.50% and seems well in a long time frame.

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On 1, December 2020, FuelCell Energy Announces Pricing of Offering of Common Stock. According to news published on Yahoo Finance, FuelCell Energy, Inc. (Nasdaq: FCEL) (“FuelCell Energy” or the “Company”) today announced the pricing of its underwritten public offering of 34,518,539 shares of its common stock (the “Offering”), at a public offering price of $6.50 per share. The Offering consists of 19,822,219 shares being sold by the Company and 14,696,320 shares being sold by certain selling stockholders, resulting in aggregate gross proceeds of $128.8 million to the Company and $95.5 million to the selling stockholders. The Company will not receive any proceeds from the sale of its common stock by the selling stockholders. The Offering is expected to close on or about December 3, 2020, subject to customary closing conditions. FuelCell Energy has also granted the underwriters a 30-day option to purchase up to 5,177,781 additional shares of its common stock.

Analyst Birdseye View:

The most recent analyst activity for FuelCell Energy Inc. [NASDAQ:FCEL] stock was on October 08, 2020, when it was Initiated with an Overweight rating from JP Morgan. On June 12, 2020, Craig Hallum Downgrade a Sell rating. On March 16, 2020, Craig Hallum Upgrade a Hold rating. On January 23, 2020, Craig Hallum Downgrade a Sell rating and increased its price target to $1.50. On June 06, 2019, Oppenheimer Downgrade a Perform rating. On June 06, 2019, Cowen Downgrade a Market perform rating and decreased its target amount on this stock from $2.75 to $1.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.48 and a peak of $11.31. Right now, according to Wall Street analyst the average 12-month amount target is $2.25. At the most recent market close, shares of FuelCell Energy Inc. [NASDAQ:FCEL] were valued at $9.05. According to the average price forecast, investors can expect a potential return of -11.11%.


FuelCell Energy Inc. [NASDAQ:FCEL] most recently reported quarterly sales of 18.73 billion, which represented growth of -17.60%. This publicly-traded organization’s revenue is $112,922 per employee, while its income is -$150,069 per employee. This company’s Gross Margin is currently -35.50%, its Operating Margin is -82.00%, its Pretax Margin is -128.49, and its Net Margin is -132.90. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -23.96, -51.67, -17.25 and -32.40 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 47.67 and the whole liability to whole assets at 37.05. It shows enduring liability to the whole principal at 38.85 and enduring liability to assets at 0.30 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 8.61 points at 1st support level, the second support level is making up to 8.17. But as of 1st resistance point, this stock is sitting at 9.89 and at 10.73 for 2nd resistance point.

FuelCell Energy Inc. [FCEL] reported its earnings at -$0.08 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.06/share signifying the difference of -0.02 and -33.30% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were -$0.07 calling estimates for -$0.07/share with the difference of 0 depicting the surprise of 0.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for FuelCell Energy Inc. [NASDAQ:FCEL] is 2.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.21. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.22 and it’s amount to book ratio is 0.61.