Impact of Brokerage Rating on FuelCell Energy, Inc.(FCEL)

Many FuelCell Energy, Inc.(FCEL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. FuelCell Energy Inc was Reiterated by FBR & Co. on Dec 2, 2016 to Mkt Perform, Lowers Price Target to $ 2.50 from a previous price target of $3 .

FuelCell Energy Inc Last issued its quarterly earnings results on Jan 12, 2017. The company reported $-0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $-0.35. The company had revenue of $24.50 million for the quarter, compared to analysts expectations of $23.60 million. The companys revenue was down -52.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.38 EPS.

FuelCell Energy, Inc. (NASDAQ:FCEL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2 by 4 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.

FuelCell Energy, Inc. (NASDAQ:FCEL) should head towards $3.25 per share according to 4 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $2 per share. The higher price estimate target is at $5 according to the Analysts.

Tuesdays trading session turned out to be a no-profit no-loss event for FuelCell Energy, Inc. (NASDAQ:FCEL). The opening trade occurred at $1.75 and the highest and the lowest points of the day were $1.8 and $1.6 respectively. The final trade was registered at $1.65 and the volume by the end of the day had touched 1,285,766 shares. The 52-week high of the stock is $8.88 and the 52-week low is $1.25. According to the current valuation, the market cap of the company is $66 million and the total number of shares available in public circulation is 40,266,946.

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.

FuelCell

For any feedback and suggestions contact author at Jace.Angione@thefoundersdaily.com

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