FuelCell Energy (NASDAQ:FCEL) Rating Improved

Roth Capital has boosted Fuelcell Energy (NASDAQ:FCEL) stock to Buy in a note revealed on Friday, 9 February. FCEL’s old rating was Neutral.

The firm’s rating upgrade is well-received by stock traders, as NASDAQ:FCEL is currently trading 9.55% higher at $1.72 as of 2:07 PM New York time. FuelCell Energy shares have [From2] 0% over the past 200 days, while the S&P 500 Index has gained 6.00% in the same time period.

Out of 5 analysts covering FuelCell Energy, 4 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $18 and the lowest is $9 according to Thomson/First Call. The 12-month mean target is $13.6, which means upside potential of 690.70% over the current price.

FuelCell Energy (NASDAQ:FCEL) Profile

Fuelcell Energy, Inc. delivers fuel cell power solutions. The Company is engaged in designing, manufacturing, installing, operating and maintaining fuel cell power solutions. The Company also provides turnkey power generation solutions to the customers, including power plant installation, operations and maintenance.

FuelCell Energy (NASDAQ:FCEL) traded up 9.55% on 9 February, hitting $1.72. A total of 835,995 shares of the company’s stock traded hands. This is down from average of 1.75 million shares. FuelCell Energy has a 52 week low of $0.80 and a 52 week high of $2.94. The company has a market cap of $131.73 million and a P/E ratio of 0.

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