FuelCell Energy Inc (NASDAQ:FCEL) Shares Up Big Following Reverse Split, But Why?


The stock increased during the last trading session, hitting a (split-adjusted) $9.79. FCEL has declined 33.87% since May 1, 2015 and is downtrending. It has underperformed the S&P500 by 33.67%.

The institutional sentiment increased to 1.71 in Q2 2015. It’s up 0.48, from 1.23 in 2015Q1. The ratio increased, as 6 funds sold all their FuelCell Energy Inc shares they owned while 25 reduced their positions. 11 funds bought stakes while 42 increased their total positions. Institutions now own 72.01 million shares which is 17.55% more than the previous share count of 61.26 million in 2015Q1.

Morgens Waterfall Vintiadis & Co Inc holds 1.94% of its total portfolio in FuelCell Energy Inc, equating to 3.15 million shares. Loeb Partners Corp owns 1.90 million shares representing 0.54% of their total US portfolio. Moreover, Awm Investment Company Inc. has 0.44% of their total portfolio invested in the company, equating to 3.18 million shares. The United Kingdom-based Ecofin Ltd has a total of 0.36% of their portfolio invested in the stock. Delta Lloyd Nv, a Netherlands-based fund reported 64,446 shares owned.

FuelCell Energy, Inc. is an integrated fuel cell company. The company has a market cap of $248.94 million. The Firm designs, makes, sells, installs, operates and services ultra-clean, stationary fuel cell power plants for distributed power generation. It currently has negative earnings. It provides turn-key power generation solutions to its customers, including power plant installations, as well as power plant operation and maintenance.