(VIANEWS) – Shares of FuelCell Energy (NASDAQ: FCEL) dropped by a staggering 27.3% in 21 sessions from $3.04 at 2023-03-15, to $2.21 at 11:37 EST on Friday, following the last session’s upward trend. NASDAQ is dropping 0.5% to $12,104.91, following the last session’s upward trend.
FuelCell Energy’s last close was $2.32, 63.81% below its 52-week high of $6.41.
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 $-0.3.
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 -20.17%.
Moving Average
FuelCell Energy’s worth is way under its 50-day moving average of $3.39 and way below its 200-day moving average of $3.53.
Revenue Growth
Year-on-year quarterly revenue growth grew by 181.3%, now sitting on 130.48M for the twelve trailing months.
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