Zacks cut shares of FuelCell Energy (NASDAQ:FCEL) from a neutral rating to an underperform rating in a report released on Friday morning, American Banking & Market News reports. The firm currently has $1.40 price objective on the stock.
Separately, analysts at Stifel Nicolaus reiterated a buy rating on shares of FuelCell Energy in a research note to investors on Wednesday, December 18th. They now have a $2.00 price target on the stock, up previously from $1.75.
FuelCell Energy (NASDAQ:FCEL) opened at 1.39 on Friday. FuelCell Energy has a one year low of $0.84 and a one year high of $1.89. The stock has a 50-day moving average of $1.47 and a 200-day moving average of $1.32. The company’s market cap is $272.9 million.
FuelCell Energy (NASDAQ:FCEL) last announced its earnings results on Monday, December 16th. The company reported ($0.05) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.03) by $0.02. During the same quarter last year, the company posted ($0.05) earnings per share. On average, analysts predict that FuelCell Energy will post $-0.15 earnings per share for the current fiscal year.
FuelCell Energy, Inc (NASDAQ:FCEL) is a integrated fuel cell company.
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