Following trading activity for FuelCell Energy, Inc.(NASDAQ:FCEL), we can see that the stock has moved onto today’s list of most actives. From the opening price, the stock has seen a change of 0.41% recently clocking in with a price of $2.30. Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -32.75% and the separation from the 50 day low is presently 52.30%. Looking out over the past year, company shares have been recorded -32.75% off the 52 week high and 1199.32% away from the low over the same period.Stock market investors may be taking some time to review portfolio allocation. Rebalancing the portfolio may be necessary for some but not for others. Rebalancing the portfolio may help provide a strategy for when the market becomes highly volatile. This process may also help keep the investor buying low and selling high. Investors may also be looking at some different stocks to explore in the next few months. This may include reviewing some foreign markets or some new sectors that were previously not included in the stock portfolio. Completing all the necessary research is typically a good way to start building a more comprehensive pool of diversified stocks.
Covering sell-side analysts have recently weighed in on shares of FuelCell Energy, Inc. (NASDAQ:FCEL). At the time of writing, the First Call consensus price target for the company is $2.13. The current consensus recommendation provided by covering analysts is 3.30. This recommendation lands on a scale between 1 and 5. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. A rating of 4 or 5 would represent a Sell recommendation. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.
Prior Stock Performance Recap
Since the beginning of the calendar year, the stock is -6.97%. For the quarter, shares have been noted at 50.16%. Share performance for the month is currently at 9.62%. Tightening the gaze, stock performance for the last 5 trading days is 7.60%.