Banque Cantonale Vaudoise Cuts Position in FuelCell Energy, Inc. (NASDAQ:FCEL)

Banque Cantonale Vaudoise trimmed its stake in shares of FuelCell Energy, Inc. (NASDAQ:FCELFree Report) by 19.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,311 shares of the energy company’s stock after selling 19,902 shares during the quarter. Banque Cantonale Vaudoise’s holdings in FuelCell Energy were worth $105,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC grew its position in FuelCell Energy by 3.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 90,820 shares of the energy company’s stock valued at $309,000 after buying an additional 3,137 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of FuelCell Energy by 26.1% in the first quarter. Mackenzie Financial Corp now owns 18,305 shares of the energy company’s stock valued at $105,000 after acquiring an additional 3,788 shares in the last quarter. Raymond James & Associates raised its holdings in FuelCell Energy by 3.5% during the fourth quarter. Raymond James & Associates now owns 114,154 shares of the energy company’s stock worth $317,000 after purchasing an additional 3,819 shares in the last quarter. Amalgamated Bank lifted its position in FuelCell Energy by 6.9% in the fourth quarter. Amalgamated Bank now owns 63,637 shares of the energy company’s stock valued at $177,000 after purchasing an additional 4,103 shares during the period. Finally, Vident Investment Advisory LLC boosted its holdings in FuelCell Energy by 9.6% in the 1st quarter. Vident Investment Advisory LLC now owns 58,303 shares of the energy company’s stock valued at $336,000 after purchasing an additional 5,103 shares in the last quarter. 47.90% of the stock is currently owned by hedge funds and other institutional investors.

FuelCell Energy Stock Performance

NASDAQ FCEL opened at $1.37 on Friday. The company has a current ratio of 7.23, a quick ratio of 5.95 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $1.36 and its two-hundred day moving average is $1.38. The stock has a market capitalization of $618.97 million, a price-to-earnings ratio of -5.07 and a beta of 3.79. FuelCell Energy, Inc. has a 12-month low of $0.98 and a 12-month high of $4.02.

FuelCell Energy (NASDAQ:FCELGet Free Report) last released its quarterly earnings data on Tuesday, December 19th. The energy company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.01. The firm had revenue of $225.00 million during the quarter, compared to analysts’ expectations of $25.02 million. FuelCell Energy had a negative return on equity of 15.76% and a negative net margin of 87.17%. FuelCell Energy’s revenue was up 474.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.11) earnings per share. Research analysts expect that FuelCell Energy, Inc. will post -0.29 EPS for the current year.

FuelCell Energy Company Profile

(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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