FuelCell Energy Inc. (NASDAQ:FCEL) does about 16.62M shares in volume on a normal day but saw 6736786 shares change hands in Friday trading. The company now has a market cap of 642.79M USD and an enterprise value of about $874.74M. Its current market price is $2.99, marking an increase of 1.36% compared to the previous close of $2.95. The 52 week high reached by this stock is $3.50 whilst the lowest price level in 52 weeks is $0.23. The script in recent trading has seen the stock touch a high of $2.99 and a low of $2.90.

FuelCell Energy Inc. (FCEL) has a 20-day trading average at $2.81 and the current price is -14.57% off the 52-week high compared with 1217.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.67 and its 200-day simple moving average is $1.94. If we look at the stock’s price movements over the week, volatility stands at 8.10%, which increases to 8.64% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 59.25 to suggest the stock is neutral.

The consensus objective for the share price is $2.42, suggesting that the stock has a potential downside of -23.55% over the period. The median price target is -8.73% away from the current levels at $2.75.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 12, 2020 when Craig Hallum downgraded the stock to “Sell” and issued a price target of. Craig Hallum upgraded the stock to “Hold” from Sell on March 16, 2020 at a price target of. Craig Hallum downgraded its price target at $1.50.

The current price level is 7.76%, 12.50%, and 54.79% away from its SMA20, SMA50, and SMA200 respectively, with the FCEL price moving below the 50-day SMA on August 28. FuelCell Energy Inc. (FCEL) stock is up 2.40% over the week and 30.57% over the past month. Its price is 19.12% year-to-date and 825.98% over the past year.

The stock last released its quarterly earnings report for quarter ended 4/29/2020, with the company’s earnings per share (EPS) of -$0.07 below consensus estimates by $0. The company’s next earnings report is expected on 09/07/2020, with forecasts estimating quarterly EPS at -$0.06 and -$0.4 for whole year. FCEL’s earnings per share are forecast to grow by 72.40% this year and 35.00% over next year. Expected sales for next quarter are $17.4 million, which analysts say will come at $68.7 million for the current fiscal year and next year at $86.68 million. In addition, estimates put the company’s current quarterly revenue at an average of $16.05 million.

Its 12-month price target is $2.75. To reach the target analysts have set, the stock logically needs to shrink -23.55 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $3.00.

Outstanding shares total 211.00M with insiders holding 5.26% of the shares and institutional holders owning 9.65% of the company’s common stock. The company has a return on investment of -32.70% and return on equity of -147.10%. The beta has a value of 2.17. Price to book ratio is 13.00 and price to sales ratio is 9.33.

According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has added its position in FuelCell Energy Inc. (FCEL) to 5,651,583 shares, mirroring a recent increase by 0.03%. Vanguard Total Stock Market Index added 1826.0 shares of FuelCell Energy Inc. common stock bringing its total worth to about $12.6 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by iShares Russell 2000 ETF, which sold off -0.2 million shares to end up with 4,355,528 shares worth $9.71 million. Invesco WilderHill Clean Energy E raise their holdings by 0.52% in the company over the course of the most recent quarter. It now holds a 1.92% position in FuelCell Energy Inc. thanks to 4.17 million shares amounting to $9.31 million.