FuelCell Energy Stock Over 29% Up In The Last 21 Sessions

(VIANEWS) – Shares of FuelCell Energy (NASDAQ: FCEL) jumped by a staggering 29.86% in 21 sessions from $2.78 at 2022-12-30, to $3.61 at 11:28 EST on Wednesday, following the last session’s upward trend. NASDAQ is dropping 0.5% to $11,526.64, following the last session’s upward trend.

FuelCell Energy’s last close was $3.66, 50.07% under its 52-week high of $7.33.

About FuelCell Energy

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. It also provides SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; and real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

Earnings Per Share

As for profitability, FuelCell Energy has a trailing twelve months EPS of $-0.399.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -17.42%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 60.7%, now sitting on 105.22M for the twelve trailing months.

Volume

Today’s last reported volume for FuelCell Energy is 2697362 which is 77.48% below its average volume of 10787600.

More news about FuelCell Energy (FCEL).

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