Will FuelCell Energy Stock React to Today's News?

Today Barrons is reporting: "FuelCell Energy shares rose on Thursday after the producer of units that make electricity from hydrogen posted a narrower-than-expected loss for its first quarter." For full coverage click here. Shares of the small-cap Utilities company have risen 3.79% on the news as of the morning trading session, and are currently trading at $3.3.

FuelCell Energy, Inc. designs, manufactures, sells, installs, operates and services stationary fuel cell power plants for distributed base load power generation. The company belongs to the Utilities sector, which has an average price to earnings (P/E) ratio of 22.89 and an average price to book (P/B) ratio of 1.03. In contrast, FuelCell Energy has a trailing 12 month P/E ratio of -8.92 and a P/B ratio of 2.187.

FuelCell Energy has moved -47.78% over the last year compared to -6.28% for the S&P 500 -- a difference of -41.5%. FuelCell Energy has a 52 week high of $7.33 and a 52 week low of $2.47. At today's price of $3.3 per share, FuelCell Energy is 2.48% away from its target price of $3.22, and on average, analysts give the stock a rating of hold. 14% of the company's shares are linked to short positions, and 47% of the shares are owned by institutional investors.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.