Checking the Overall Picture for FuelCell Energy, Inc. (FCEL)

FuelCell Energy, Inc. (FCEL) is an interesting player in the Utilities space, with a focus on Diversified Utilities. The stock has been active on the tape, currently trading at $1.32, down from yesterday’s close by -3.65%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

FuelCell Energy, Inc. (FCEL) currently trades with a market capitalization of $123.35 Million. That value represents a market adjusting for revenues that have been growing by 2.02 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$160.77 Thousand over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.19 on a per share basis this quarter. Perhaps, that suggests something about why 8.14% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, FuelCell Energy, Inc. recorded a 52-week high of $2.49. It is now trading 1.17% off that level. The stock is trading $1.83 its 50-day moving average by 0.51%. The stock carved out a 52-week low down at $1.18.

In recent action, FuelCell Energy, Inc. (FCEL) has made a move of -29.03% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 12.54, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 9.70% with $76.78 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of FCEL.

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