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FuelCell Energy (FCEL) Looks Good: Stock Moves 7.4% Higher

Zacks Equity Research
Updated

FuelCell Energy FCEL was a big mover last session, as the company saw its shares rise a little above 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $1.22 to $1.46 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
FuelCell Energy currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

FuelCell Energy, Inc. Price

 

FuelCell Energy, Inc. Price | FuelCell Energy, Inc. Quote

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A better-ranked stock in the Alternative Energy - Other industry is Hydrogenics Corporation HYGS, which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is FCEL going up? Or down? Predict to see what others think: Up or Down

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Hydrogenics Corporation (HYGS) : Free Stock Analysis Report
 
FuelCell Energy, Inc. (FCEL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research