(VIANEWS) – Shares of FuelCell Energy (NASDAQ: FCEL) dropped by a staggering 20.7% in 10 sessions from $2.85 at 2023-03-31, to $2.26 at 14:39 EST on Monday, following the last session’s downward trend. NASDAQ is falling 0.4% to $12,075.24, following the last session’s downward trend.
FuelCell Energy’s last close was $2.22, 59.64% below its 52-week high of $5.50.
About FuelCell Energy
FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell energy platforms that decarbonize power and produce hydrogen. It offers SureSource 1500, 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. The company also provides SureSource platform in various configurations and applications, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems. Its SureSource power plants generate electricity, heat, hydrogen, and water. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services. 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, hydrogen transportation, 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 $-0.31.
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 -17.37%.
Sales Growth
FuelCell Energy’s sales growth is 55.3% for the current quarter and negative 21.9% for the next.
Volume
Today’s last reported volume for FuelCell Energy is 6347881 which is 39.43% below its average volume of 10277200.
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