Stocks to Watch: Stmicroelectronics N.V. (STM) AND Fuelcell Energy, Inc. (FCEL) in the spotlight

The price of STMicroelectronics N.V. (NYSE:STM) went up by $0.9 now trading at $16.46. Their shares witnessed a 37.17% increase from the 52-week low price of $12 they recorded on 2019-01-03. Even though it is still -60.57% behind the $26.43 high touched on 2018-06-14. The last few days have been good for the stock, as its price has grew by 5.24% during the week. It has also performed better over the past three months, as it added around 18.59% while it has so far retreated around -31.62% during the course of a year. The stock of STM recorded 18.59% uptrend from the beginning of this year till date. The 12-month potential price target for STMicroelectronics N.V. is set at $17.73. This target means that the stock has an upside potential to increase by 7.72% from the current trading price.

When giving their opinion, around 42.86% of Wall Street analysts, which represents 3 out of 7 rated the stock as a Buy. 3 brokerage firms of the remaining 42.86% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate STM shares held by institutional investors represents 4.5% of total shares. 32 institutions entered new STMicroelectronics N.V. (NYSE:STM) positions, 78 added to their existing positions in these shares, 121 lowered their positions, and 57 exited their positions entirely.

STMicroelectronics N.V. (STM) trade volume has increased by 38.16% as around 3,655,777 shares were sold when compared with its 50-day average volume of traded shares which is 2,645,988. At the moment, STM is witnessing a uptrend, as it is trading 0.75% above its 20-day SMA, 6.6% above its 50-day SMA, and -8.62% above its 200-day SMA. The company runs an ROE of roughly 21.8%, with financial analysts predicting that their earnings per share growth will be around 49% per annum for the next five year. This will be compared to the 35% increase witnessed over the past five years.

The first technical resistance point for STMicroelectronics N.V. (NYSE:STM) will likely come at $16.64, marking a 1.08% premium to the current level. The second resistance point is at $16.81, about 2.08% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $15.95, the lower end of the range. STM’s 14-day MACD is -0.3 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 55.73, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 32.67 percent, which is low when compared to that of the 50-day’s 52.83 percent.

The shares of FuelCell Energy, Inc. (NASDAQ:FCEL) has decreased by -0.68%, and now trading at $0.36 on the Wall Street in the intra-day deal, with their shares traded now around 3,688,138. This is a rise of 590,146 shares over the average 3,097,992 shares that were traded daily over the last three months. The stock that is trading at $0.36 went higher by 2.86% from its 52-week low of $0.35 that it attained back on 2019-03-14. The stock recorded a 52-week high of $2.11 nearly 341 days ago on 2018-04-11.

FCEL stock hasn’t performed well over the past 30 days, as it lost -24.81% while its price plunged by -34.01% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -13.21% over the last week. The stock’s 12-month potential target price is now at $1.43. This means that the stock price might likely increase by 297.22% from its current trading price.2 out of 4 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 50% rated it as a hold, with 0% of analysts rating it as a sell.

FuelCell Energy, Inc. (NASDAQ:FCEL) has been utilizing an ROE that is roughly -102.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 15% per year, following the 20.6% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -28.85% below its 20-day SMA, -29.68% below its 50-day SMA, and -62.1% below its 200-day SMA. In percentage terms, the aggregate FuelCell Energy, Inc. shares held by institutional investors is 18.7%. 11 institutions jumped in to acquire FuelCell Energy, Inc. (FCEL) fresh stake, 30 added to their current holdings in these shares, 42 lowered their positions, and 17 left no stake in the company.

The stock’s 9-day MACD is -0.04 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 28.94, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 61.06 percent, which is less when compared to that of the 50-day’s 134.55 percent. On the daily chart, we see that the stock could reach the first level of resistance at $0.38, sporting a 5.26% premium to the current level. The next resistance point is at $0.4, representing nearly 10% premium to the current market price of FuelCell Energy, Inc. (FCEL). On the other hand, failure to breach the immediate hurdles can drag it down to $0.34, the lower end of the range.

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