Traders Purchase High Volume of Call Options on FuelCell Energy (NASDAQ:FCEL)

Key Points

• 35,208 call options were bought—about a 572% increase over typical daily call volume—indicating unusually heavy bullish/options-driven interest in FCEL.
• FCEL traded up 3.2% to $8.93 on Tuesday with roughly 10.04 million shares changing hands versus a ~1.94 million average, and a market cap near $473 million (12‑month range $3.58–$11.99).
• FuelCell reported Q results of ($0.52) EPS beating estimates of ($0.68) but missed on revenue ($30.53M vs. $42.22M), while analysts’ consensus is a "Reduce" rating with a $8.24 target amid recent downgrades.

FuelCell Energy, Inc. (NASDAQ:FCEL - Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Traders acquired 35,208 call options on the stock. This represents an increase of approximately 572% compared to the typical daily volume of 5,238 call options.

Institutional Trading of FuelCell Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new position in shares of FuelCell Energy during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd increased its stake in shares of FuelCell Energy by 1,316.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 7,618 shares of the energy company's stock worth $59,000 after purchasing an additional 7,080 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new stake in shares of FuelCell Energy in the 4th quarter worth $78,000. Independent Advisor Alliance bought a new position in FuelCell Energy in the 3rd quarter worth $80,000. Finally, Franklin Resources Inc. purchased a new position in FuelCell Energy during the fourth quarter valued at $84,000. 42.78% of the stock is owned by hedge funds and other institutional investors.

FuelCell Energy Stock Up 3.2%

FCEL traded up $0.28 during trading on Tuesday, hitting $8.93. 10,040,271 shares of the company's stock traded hands, compared to its average volume of 1,943,484. FuelCell Energy has a 12-month low of $3.58 and a 12-month high of $11.99. The company's 50 day simple moving average is $7.25 and its two-hundred day simple moving average is $7.82. The stock has a market capitalization of $472.90 million, a price-to-earnings ratio of -1.28 and a beta of 1.41. The company has a current ratio of 7.96, a quick ratio of 6.51 and a debt-to-equity ratio of 0.19.

FuelCell Energy (NASDAQ:FCEL - Get Free Report) last issued its earnings results on Monday, March 9th. The energy company reported ($0.52) earnings per share for the quarter, topping analysts' consensus estimates of ($0.68) by $0.16. FuelCell Energy had a negative return on equity of 17.76% and a negative net margin of 107.51%.The business had revenue of $30.53 million during the quarter, compared to analyst estimates of $42.22 million. Analysts predict that FuelCell Energy will post -1.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

FCEL has been the subject of a number of recent research reports. Zacks Research downgraded FuelCell Energy from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 16th. Jefferies Financial Group set a $7.20 target price on shares of FuelCell Energy and gave the stock a "hold" rating in a report on Tuesday, March 10th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of FuelCell Energy in a research note on Monday, December 29th. Wells Fargo & Company cut their price objective on FuelCell Energy from $7.00 to $6.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 10th. Finally, Wall Street Zen cut shares of FuelCell Energy from a "hold" rating to a "sell" rating in a report on Friday, January 23rd. Seven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $8.24.

FuelCell Energy Company Profile

FuelCell Energy, Inc NASDAQ: FCEL is a publicly traded company that designs, manufactures and operates turnkey molten carbonate fuel cell power plants. These stationary, on-site energy solutions generate electricity and heat through an electrochemical process that combines natural gas or biogas with oxygen, producing power with lower greenhouse gas emissions than traditional fossil fuel-based generation. The company’s fuel cell technology is engineered for continuous, baseload operation and can be integrated into microgrid architectures and industrial power systems to provide reliable, around-the-clock energy.

The company’s core product suite, marketed under the SureSource brand, encompasses both power generation and integrated carbon capture or hydrogen production capabilities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.