Shares of FuelCell Energy Inc. (FCEL) Rise to a New 52-Week High

January 27, 2021 11:09:47

Shares of FuelCell Energy Inc. (NASDAQ:FCEL) traded today at $23.22, eclipsing its 52-week high. So far today approximately 26.6 million shares have been exchanged, as compared to an average 30-day volume of 63.8 million shares.

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. (NASDAQ:FCEL) is currently priced 21.2% above its average consensus analyst price target of $18.04.

FuelCell Energy Inc. share prices have moved between a 52-week high of $23.22 and a 52-week low of $1.00 and are now trading 2,188% above that low price at $22.88 per share.

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