FuelCell Energy Inc. (FCEL) Plunges 24.56% on November 07

Equities Staff  |

FuelCell Energy Inc. (FCEL) had a rough trading day for Thursday November 07 as shares tumbled 24.56%, or a loss of $-0.1326 per share, to close at $0.41. After opening the day at $0.50, shares of FuelCell Energy Inc. traded as high as $0.52 and as low as $0.40. Volume was 44.54 million shares over 36,087 trades, against an average daily volume of n/a shares and a total float of 193.61 million.

As a result of the decline, FuelCell Energy Inc. now has a market cap of $78.88 million. In the last year, shares of FuelCell Energy Inc. have traded between a range of $11.64 and $0.13, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of FuelCell Energy Inc., check out Equities.com’s Stock Valuation Analysis report for FCEL.

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FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel-cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.

FuelCell Energy Inc. is based out of Danbury, CT and has some 431 employees. Its CEO is Jason B. Few.

FuelCell Energy Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on FuelCell Energy Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FCEL’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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