Sentiment: Strong Buy
Germany is leading the way in hydrogen fuel infrastructure
Posted on 27 February 2015. Tags: fuel cell vehicles, Germany, germany hydrogen fuel, Germany Trade and Invest, hydrogen fuel, hydrogen fuel cells, hydrogen fuel infrastructure, hydrogen fuel news, hydrogen fuel stations, Mercedes-Benz
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Government agency highlights Germany’s growing hydrogen infrastructure
Germany may soon have the world’s leading hydrogen fuel infrastructures according to Germany Trade and Invest, an economic development agency that is part of the country’s government. By the end of the year, the country aims to add an additional 50 hydrogen fuel stations to its existing infrastructure, which has been taking form over the past few years. The government agency believes that more than 400 hydrogen stations will be in operation by 2023.
Country continues to work on bolstering its infrastructure to prepare for the launch of fuel cell vehicles
Germany has shown strong support for clean transportation, particularly when it comes to hydrogen fuel cells. These energy systems have come to play a significant role in the auto industry, helping automakers develop a new generation of zero emissions vehicles. In order for these vehicles to find any degree of commercial success, however, a hydrogen infrastructure must be established. Over the past few years, the German government has been investing in the construction of new hydrogen fuel stations, working with automakers to do so.
Automakers show a great deal of interest in hydrogen fuel cells
Germany Hydrogen Fuel InfrastructureFuel cells vehicles have yet to become popular among consumers, largely because these vehicles are not yet widely available. Consumers also question whether fuel cells are efficient and capable enough to compete with lithium-ion batteries. Several automakers, such as Mercedes-Benz, believe that hydrogen fuel could be the future of clean transportation, but other companies are not as supportive of th
Zacks Long Term Rating Update on FuelCell Energy Inc
February 24, 2015 by Joe Willams
FuelCell Energy Inc (NASDAQ:FCEL) remains a strong buy in the latest set of rankings. The counter has received an average rating of 1 by 2 analysts. Research Analysts at Zacks has the counter a rating of 3, which implies that the firms recommendation is Neutral on the company. It is advised that fresh investments be made in the counter only when it is undervalued.
Investors in FuelCell Energy Inc (NASDAQ:FCEL) discarded the counter and the shares fell 1.5% or 0.02 points in todays trading session. Upon opening the transactions at $1.35, the counter maintained a trading range between $1.31 and $1.36 before the day culminated at $1.31. Even as the price action was dull, the volume figure touched 3,336,962 shares. The previous close of the share price was $1.33. The shares have a 52-week peak value of $4.74 while the yearly price nadir is registered at $1.05. With around 292,206,000 shares in outstanding, the current market cap of the company is $383 million.
FuelCell Energy Inc (NASDAQ:FCEL): 3 Analyst have given the stock of FuelCell Energy Inc (NASDAQ:FCEL) a near short term price target of $2.8. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $0.27. The higher price target estimate is at $3 while the lower price estimates are fixed at $3.
FuelCell Energy Inc (NASDAQ:FCEL) Short interest is confirmed a change of -9.08% in the preceding 1-month. In the 3-month period, the short interest has registered a change of -4.85%. The latest short ratio is 8.83. A low short ratio indicates marginal bearishness while a high short ratio represents excessive pessimism. The total monthly shares shorted are 0.107 times the total shares outstanding. Volume during the past 20 days was recorded at 1.24% of the shares outstanding. The daily volume has averaged 3,613,007 shares in the preceding 20 days.
Sentiment: Strong Buy