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FuelCell Energy Inc. (NASDAQ:FCEL) Hits a 52 week High as a Result Rated as a Buy

Boston, MA 03/05/2014 (wallstreetpr) – FuelCell Energy Inc. (NASDAQ:FCEL) which is an integrated fuel cell company that designs, manufactures, sells and services fuel cell power plants for base load power generation plants hit a 52 week high, on Tuesday trading session. Fuel Cell’s 68.76 million shares exchanged hands during the trading session as the company continues to control a market cap of $556.58 million with a dividend yield ratio of between 2.40 and 2.85.

Majority of analysts are of the opinion the sudden rise in the company’s stock is as a result of sympathy  of its peer company Plug Power Inc. (NASDAQ:PLUG) rising in the market at the back of Wal-Mart Stores Inc. (NYSE:WMT) deal. There has been a rumor that deals, such as that one between Plug Power and Wal-Mart could trickle to other industry players such as FuelCell.

FuelCell rating

FuelCell Energy Inc. (NASDAQ:FCEL) is currently rated as a “sell” by analysts at TheStreet as the company continues to show massive weaknesses in some of its key sectors. The negatives currently surpass the positive something that is sure to scare away any want to be investors in the company.

FuelCell Energy Inc. (NASDAQ:FCEL) currently has a weak return on equity ratio that is scaring investors away as well as poor profit margins. The company is also grappling with high debt management risk as well as weak cash flow ratios. Return on equity ratio has been on a decline in the current quarter when compared to the same quarter a year ago, signaling massive weakness when compared to other industry players.

Net operating cash flow has also dwindled by 18.77% or 40% when compared with the same period a year ago, with its gross profit margin at an all-time low of 6.62%. FuelCell debt to equity ratio currently stands at 1.37 relatively low compared to the industry average.

FuelCell Energy Inc. (NASDAQ:FCEL) has been performing pretty well in the previous two trading sessions going up by 24.88% on Tuesday trading session to close at a high of $2.71.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.

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