FuelCell Energy continues to lose for seven straight sessions
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Shares of FuelCell Energy (NASDAQ:FCEL) traded lower on Thursday after plunging from a high of $0.5365 from the past seven trading sessions, where shares fell overall 28.2% to a low of $0.3830.
Today’s fall in the stock price touched the low of 4th September 2024.
YTD, the FCEL stock plummeted 74.8%, while the S&P 500 was up 20.9% while the Dow Jones Industrial Average climbed 11.8%.
Over the year, the stock was down 69.3% so far, compared to the nearly 34.3% rise in the broader S&P 500 Index.
Whereas, FCEL was down 12% over the past one month.
Looking at Seeking Alpha’s Quant rating, FCEL has a score of 2.66 out of 5. The company received F in both the prospect of profitability and momentum respectively, while it got A- in valuation and B- in growth factors.
Turning to the Wall Street community, None analysts gave FCEL a Strong Buy or stood with just Buy whereas, 6 of them gave the stock a Hold recommendation, and two were on the short side.
Seeking Alpha analysts also see the stock as a Sell, with a rating of 2.00. Where, none were on the Buy side and just 2 analysts were on the sell side.