FuelCell Energy ends in green to snap six-day losing streak
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Shares of FuelCell Energy (NASDAQ:FCEL) ended higher on Monday after six consecutive days of decline and noted their first session in green since June 12.
The fuel cell maker rose 1.62% to finish the Monday trading session at $0.68. Since the start of the year, FCEL has lost over 50% of its value, while on a 12-month period, the stock is down about 70%.
Looking at Seeking Alpha’s Quant ratings, FCEL had a Strong Sell rating with a score of 1.39 out of 5. The company received an F for profitability and a B+ for its growth prospects. The stock got an A- for valuation compared to a B+ six months ago.
Turning to the Wall Street community, zero sell-side analysts surveyed in the last 90 days rated FCEL as a Buy or higher. Meanwhile, about nine analysts rated the company as a Hold or lower.
Seeking Alpha analysts generally saw the company as a Sell. Endorsing the company as a Sell, Henrik Alex, SA analyst, said, “With cash usage projected to remain elevated for the time being, relentless dilution for common shareholders is likely to continue.”