FuelCell Energy (FCEL, Financial) experienced significant stock movement, with shares rising 5.10%. The stock is currently priced at $0.344 per share with a trading volume of 10.649 million shares, reflecting a turnover rate of 1.92% and a volatility of 7.15%.
Recent financial reports indicate that FuelCell Energy recorded a revenue of $23.70 million, a net loss of $32.66 million, and an earnings per share of -$0.07. The company's gross profit was reported at -$5.10 million, with a price-to-earnings ratio of -1.32.
Regarding institutional ratings, out of nine institutions, 11% recommended buying, 67% suggested holding, and 22% advised selling the stock.
FuelCell Energy operates within the electrical equipment parts industry, which has seen an overall increase of 1.95%. Noteworthy performers in the sector include Microvast Holdings, Eos Energy Enterprises, and Amprius Technologies. Active stocks in the sector also include Expion360, Plug Power, and Enovix Corporation, with turnover rates of 171.97%, 2.41%, and 2.25% respectively. Stocks with significant volatility include Rayah Electronics, Expion360, and Eos Energy Enterprises, showing variations of 34.13%, 27.83%, and 23.22% respectively.
FuelCell Energy is a company focused on fuel cell power, involved in the design, manufacturing, installation, and servicing of fuel cell products and platforms for hydrogen production and power decarbonization. The company serves industries such as wastewater treatment, commercial and hospitality, data centers, education, and healthcare. Most of FuelCell Energy's revenue comes from the United States, followed by South Korea.
