FuelCell Energy Inc. (FCEL) had a good day on the market for Thursday October 03 as shares jumped 16.08% to close at $0.37. About 31.9 million shares traded hands on 25,179 trades for the day, compared with an average daily volume of n/a shares out of a total float of 160.33 million. After opening the trading day at $0.39, shares of FuelCell Energy Inc. stayed within a range of $0.42 to $0.35.
With today’s gains, FuelCell Energy Inc. now has a market cap of $58.91 million. Shares of FuelCell Energy Inc. have been trading within a range of $13.20 and $0.13 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel-cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.
FuelCell Energy Inc. is based out of Danbury, CT and has some 431 employees. Its CEO is Jason B. Few.
FuelCell Energy Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
