Shares of FuelCell Energy Inc. (NASDAQ:FCEL) traded at a new 52-week high today of $27.06. This new high was reached on below average trading volume as 26.6 million shares traded hands, while the average 30-day volume is approximately 63 million shares.
In the past 52 weeks, FuelCell Energy Inc. share prices are bracketed by a low of $1.00 and a high of $27.06 and is now at $24.93, 2,393% above that low price.
Potential upside of 12.2% exists for FuelCell Energy Inc., based on a current level of $24.93 and analysts’ average consensus price target of $27.96.
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.
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