The stock of FuelCell Energy Inc (NASDAQ:FCEL) is a huge mover today! About 352,277 shares traded hands. FuelCell Energy Inc (NASDAQ:FCEL) has declined 3.02% since March 1, 2016 and is downtrending. It has underperformed by 12.26% the S&P500.
The move comes after 6 months positive chart setup for the $187.52 million company. It was reported on Oct, 4 by Barchart.com. We have $14.99 PT which if reached, will make NASDAQ:FCEL worth $318.78 million more.
FuelCell Energy Inc (NASDAQ:FCEL) Ratings Coverage
Out of 4 analysts covering FuelCell Energy (NASDAQ:FCEL), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. FuelCell Energy has been the topic of 6 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The rating was maintained by FBR Capital with “Outperform” on Tuesday, March 15. The stock of FuelCell Energy Inc (NASDAQ:FCEL) has “Buy” rating given on Monday, May 2 by Craig Hallum. The stock of FuelCell Energy Inc (NASDAQ:FCEL) has “Outperform” rating given on Friday, March 11 by Cowen & Co. FBR Capital initiated FuelCell Energy Inc (NASDAQ:FCEL) rating on Friday, December 18. FBR Capital has “Outperform” rating and $8.0 price target. Roth Capital initiated it with “Buy” rating and $12 target price in Monday, April 11 report. Zacks upgraded the shares of FCEL in a report on Tuesday, August 11 to “Sell” rating.
According to Zacks Investment Research, “FuelCell Energy develops and markets ultra-clean power plants that generate electricity with up to twice the efficiency of conventional fossil fuel plants with virtually no air pollution and reduced greenhouse gas emissions using a variety of fuels including renewable biogas and domestically-available fuels like natural gas.”
Insitutional Activity: The institutional sentiment increased to Infinity in 2016 Q2. Its up Infinity, from 0 in 2016Q1. The ratio increased, as 0 funds sold all FuelCell Energy Inc shares owned while 0 reduced positions. 1 funds bought stakes while 0 increased positions. They now own 22,162 shares or 27260.49% more from 81 shares in 2016Q1.
Douglass Winthrop Ltd Liability holds 0% of its portfolio in FuelCell Energy Inc (NASDAQ:FCEL) for 11,000 shares. Focused Wealth Mgmt holds 81 shares or 0% of its portfolio.
More notable recent FuelCell Energy Inc (NASDAQ:FCEL) news were published by: Forbes.com which released: “FuelCell Energy Continues To Position Itself For Future Growth” on March 11, 2016, also Fool.com with their article: “The 1 Reason I’m Not Ready to Invest in Plug Power Inc or FuelCell Energy Inc” published on September 15, 2016, Fool.com published: “The 3 Biggest Challenges Facing FuelCell Energy Inc. Stock” on April 18, 2016. More interesting news about FuelCell Energy Inc (NASDAQ:FCEL) were released by: Fool.com and their article: “Is FuelCell Energy Inc. Stock a Buy Right Now?” published on March 28, 2016 as well as Investorplace.com‘s news article titled: “It’s Finally Time to Dust Off FuelCell Energy Inc (FCEL)” with publication date: September 07, 2016.
FCEL Company Profile
FuelCell Energy, Inc., incorporated on July 12, 1999, is an integrated fuel cell company. The Firm designs, makes, sells, installs, operates and services stationary fuel cell power plants for distributed power generation. The Company’s segment is fuel cell power plant production and research. The Company’s power plants provide on-site power and utility grid support. The Company’s plants operate in approximately 50 locations on approximately three continents and generate approximately four billion kilowatt hours (kWh) of electricity.
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