FuelCell Energy (NASDAQ:FCEL) released its earnings results on Wednesday. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01), RTT News reports. FuelCell Energy had a negative return on equity of 39.99% and a negative net margin of 136.60%. During the same period last year, the firm posted ($0.07) EPS.
FCEL traded up $0.38 during trading on Friday, hitting $10.44. 330,775 shares of the company’s stock were exchanged, compared to its average volume of 34,178,797. FuelCell Energy has a fifty-two week low of $1.58 and a fifty-two week high of $29.44. The company has a market cap of $3.37 billion, a PE ratio of -28.30 and a beta of 5.03. The firm’s 50 day moving average price is $9.88. The company has a current ratio of 5.25, a quick ratio of 4.08 and a debt-to-equity ratio of 0.24.
In other news, CAO Jennifer D. Arasimowicz sold 8,000 shares of the stock in a transaction that occurred on Tuesday, April 6th. The stock was sold at an average price of $13.46, for a total value of $107,680.00. Also, Director John Christopher Groobey sold 16,000 shares of the firm’s stock in a transaction that occurred on Friday, April 9th. The shares were sold at an average price of $12.56, for a total value of $200,960.00. Following the completion of the transaction, the director now owns 84,979 shares in the company, valued at approximately $1,067,336.24. The disclosure for this sale can be found here. 0.06% of the stock is owned by company insiders.
FuelCell Energy Company Profile
FuelCell Energy, Inc, together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and carbon utilization, as well as micro-grid and multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications.
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