Fuelcell Energy Inc (FCEL) is -20.79% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Monday, with Fuelcell Energy Inc (NASDAQ: FCEL) stock price down -2.50% from the previous day of trading, before settling in for the closing price of $0.33. FCEL’s price has ranged from $0.32 to $1.84 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 12.97%. Meanwhile, its annual earnings per share averaged 1.82%. With a float of $554.41 million, this company’s outstanding shares have now reached $556.01 million.

The extent of productivity of a business whose workforce counts for 591 workers is very important to gauge. In terms of profitability, gross margin is -29.74%, operating margin of -179.11%, and the pretax margin is -171.97%.

Fuelcell Energy Inc (FCEL) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Fuelcell Energy Inc is 0.28%, while institutional ownership is 37.41%.

Fuelcell Energy Inc (FCEL) Latest Financial update

In its latest quarterly report, released on 7/31/2024, the company reported earnings of -0.07 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 50.65% growth over the previous five years of trading.

Fuelcell Energy Inc (NASDAQ: FCEL) Trading Performance Indicators

Here are Fuelcell Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.20 in one year’s time.

Technical Analysis of Fuelcell Energy Inc (FCEL)

The latest stats from [Fuelcell Energy Inc, FCEL] show that its last 5-days average volume of 12.28 million was inferior to 30.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 19.86%. Additionally, its Average True Range was 0.03.

During the past 100 days, Fuelcell Energy Inc’s (FCEL) raw stochastic average was set at 1.04%, which indicates a significant decrease from 12.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.13% in the past 14 days, which was lower than the 85.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4093, while its 200-day Moving Average is $0.8177. Now, the first resistance to watch is $0.3346. This is followed by the second major resistance level at $0.3449. The third major resistance level sits at $0.3514. If the price goes on to break the first support level at $0.3178, it is likely to go to the next support level at $0.3113. The third support level lies at $0.3010 if the price breaches the second support level.

Fuelcell Energy Inc (NASDAQ: FCEL) Key Stats

With a market capitalization of 180.26 million, the company has a total of 497,047K Shares Outstanding. Currently, annual sales are 123,390 K while annual income is -107,570 K. The company’s previous quarter sales were 23,700 K while its latest quarter income was -32,660 K.