Investors Are Waking Up To Fusion Fuel Green Ltd (NASDAQ: HTOO) After Losing -57.72% Over The Past 12 Months

Fusion Fuel Green Ltd (NASDAQ:HTOO) currently has a daily average trading volume of 658.06K but it saw 279377447 shares traded in last market. With a market cap of 9.03M USD, the company’s current market price of $0.52 came rising about 63.52 while comparing to the previous closing price of $0.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.65 and as low as $0.28. In the recent trading on the day, stock has struck highest price mark of $0.3627 while lowest mark touched by it was $0.7482.

Taking a look at 20-day trading activity of Fusion Fuel Green Ltd (HTOO) gives us an average price of $0.4058, while its current price level is -88.82% below from 52-week high level whereas it is 84.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5153 while that of 200 days or SMA-200 reads an average of $0.9587. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.11% during that period while stretching the period over a month that decreases to 25.87%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.18 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which initiated the stock as “Buy” in its note to investors issued on June 08, 2021, recommending a price target of $25 for it.

Over the week, HTOO’s stock price is moving 66.13% up while it is -17.32% when we observe its performance for the past one month. Year-to-date it is -53.57% down and over the past year, the stock is showing a downside performance of -57.72%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.94. In next quarter, company is expected to be making quarterly sales of $4.21M as analysts are expecting the sales for current fiscal year at $16.67M and seeing the company making $54.25M in sales next year. Moreover, analysts are in estimates of $1.53M for current-quarter revenue.

Currently, Fusion Fuel Green Ltd’s total number of outstanding shares is 17.37M. Stock’s beta reads 1.56. Stock has a price to sale or P/S ratio amounts to 2.69.