Rpo LLC Makes New Investment in FuelCell Energy, Inc. (NASDAQ:FCEL)

Rpo LLC bought a new position in shares of FuelCell Energy, Inc. (NASDAQ:FCELFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 54,095 shares of the energy company’s stock, valued at approximately $87,000.

Other large investors also recently bought and sold shares of the company. Catalyst Capital Advisors LLC lifted its holdings in FuelCell Energy by 84.9% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 21,490 shares of the energy company’s stock worth $28,000 after buying an additional 9,868 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of FuelCell Energy during the 3rd quarter worth approximately $32,000. Baader Bank Aktiengesellschaft raised its position in shares of FuelCell Energy by 97.9% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 26,454 shares of the energy company’s stock worth $42,000 after purchasing an additional 13,084 shares during the period. Principal Financial Group Inc. raised its position in shares of FuelCell Energy by 39.1% during the 3rd quarter. Principal Financial Group Inc. now owns 60,516 shares of the energy company’s stock worth $77,000 after purchasing an additional 17,014 shares during the period. Finally, Fermata Advisors LLC raised its position in shares of FuelCell Energy by 355.5% during the 4th quarter. Fermata Advisors LLC now owns 53,387 shares of the energy company’s stock worth $85,000 after purchasing an additional 41,667 shares during the period. Institutional investors own 42.78% of the company’s stock.

FuelCell Energy Stock Performance

Shares of FuelCell Energy stock traded down $0.06 on Wednesday, reaching $0.87. 11,133,262 shares of the company were exchanged, compared to its average volume of 23,252,578. The company has a quick ratio of 6.35, a current ratio of 8.26 and a debt-to-equity ratio of 0.17. The company’s 50-day moving average is $0.97 and its two-hundred day moving average is $1.18. FuelCell Energy, Inc. has a 1-year low of $0.64 and a 1-year high of $2.94.

FuelCell Energy (NASDAQ:FCELGet Free Report) last announced its quarterly earnings results on Thursday, March 7th. The energy company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The business had revenue of $16.69 million for the quarter, compared to analysts’ expectations of $25.74 million. FuelCell Energy had a negative return on equity of 15.89% and a negative net margin of 105.56%. The business’s quarterly revenue was down 55.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.05) EPS. On average, equities research analysts forecast that FuelCell Energy, Inc. will post -0.26 earnings per share for the current year.

About FuelCell Energy

(Free Report)

FuelCell Energy, Inc, together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.

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Institutional Ownership by Quarter for FuelCell Energy (NASDAQ:FCEL)

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