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Do Analysts Expect FuelCell Energy Inc (FCEL) Stock to Rise After It Has Fallen -7.69% in a Month?

Thursday, March 21, 2024 01:03 PM | InvestorsObserver Analysts

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Do Analysts Expect FuelCell Energy Inc (FCEL) Stock to Rise After It Has Fallen -7.69% in a Month?

InvestorsObserver is giving FuelCell Energy Inc (FCEL) an Analyst Rating Rank of 3, meaning FCEL is ranked higher by analysts than 3% of stocks. The average price target for FCEL is $1.785 and analyst’s rate the stock as a Hold.

Overall Score - 2.6
Wall Street analysts are rating FCEL a Hold today. Find out what this means to you and get the rest of the rankings on FCEL!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With FuelCell Energy Inc Stock Today?

FuelCell Energy Inc (FCEL) stock is trading at $1.20 as of 12:54 PM on Thursday, Mar 21, a gain of $0.05, or 4.35% from the previous closing price of $1.15. The stock has traded between $1.14 and $1.22 so far today. Volume today is light. So far 8,765,388 shares have traded compared to average volume of 12,690,502 shares. Click Here to get the full Stock Report for FuelCell Energy Inc stock.

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