Press coverage about FuelCell Energy (NASDAQ:FCEL) has been trending positive this week, according to AlphaOne Sentiment Analysis. AlphaOne, a service of Accern, identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FuelCell Energy earned a coverage optimism score of 0.25 on AlphaOne’s scale. AlphaOne also assigned news headlines about the energy company an impact score of 84 out of 100, indicating that recent news coverage is very likely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted AlphaOne Sentiment’s analysis:
FuelCell Energy (NASDAQ:FCEL) traded up 2.44% during mid-day trading on Friday, hitting $1.05. 2,707,654 shares of the stock traded hands. The firm’s 50-day moving average is $1.43 and its 200-day moving average is $2.02. FuelCell Energy has a 12-month low of $1.00 and a 12-month high of $8.88. The company’s market cap is $44.60 million.
FuelCell Energy (NASDAQ:FCEL) last issued its quarterly earnings results on Thursday, March 9th. The energy company reported ($0.35) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by $0.03. The firm had revenue of $17 million for the quarter, compared to analysts’ expectations of $19.61 million. FuelCell Energy had a negative return on equity of 47.46% and a negative net margin of 47.07%. The business’s quarterly revenue was down 49.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.48) earnings per share. Equities research analysts expect that FuelCell Energy will post ($1.09) EPS for the current year.
FCEL has been the subject of several research reports. Zacks Investment Research cut shares of FuelCell Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, February 6th. Roth Capital set a $2.00 price objective on shares of FuelCell Energy and gave the company a “hold” rating in a research note on Saturday, March 11th. Finally, FBR & Co reaffirmed a “market perform” rating and set a $2.50 price objective on shares of FuelCell Energy in a research note on Saturday, March 11th.
About FuelCell Energy
Fuelcell Energy, Inc delivers fuel cell power solutions. The Company is engaged in designing, manufacturing, installing, operating and maintaining fuel cell power solutions. The Company also provides turnkey power generation solutions to the customers, including power plant installation, operations and maintenance.