CUI Global, Inc. (CUI) Forms $2.78 Double Bottom; Fuelcell Energy (FCEL) SI Decreased By 4.09%

Fuelcell Energy Inc (NASDAQ:FCEL) had a decrease of 4.09% in short interest. FCEL’s SI was 8.17M shares in March as released by FINRA. Its down 4.09% from 8.52 million shares previously. With 1.27M avg volume, 7 days are for Fuelcell Energy Inc (NASDAQ:FCEL)’s short sellers to cover FCEL’s short positions. The stock decreased 1.72% or $0.03 during the last trading session, reaching $1.71. About 650,494 shares traded. FuelCell Energy, Inc. (NASDAQ:FCEL) has declined 84.35% since March 16, 2017 and is downtrending. It has underperformed by 101.05% the S&P500.

CUI Global, Inc. (CUI) formed double bottom with $2.64 target or 5.00% below today’s $2.78 share price. CUI Global, Inc. (CUI) has $78.97M valuation. The stock decreased 0.71% or $0.02 during the last trading session, reaching $2.78. About 81,941 shares traded or 31.11% up from the average. CUI Global, Inc. (NASDAQ:CUI) has declined 32.86% since March 16, 2017 and is downtrending. It has underperformed by 49.56% the S&P500.

Among 7 analysts covering FuelCell Energy (NASDAQ:FCEL), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. FuelCell Energy had 22 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, January 11 by Roth Capital. The firm has “Buy” rating by Cowen & Co given on Thursday, September 7. The firm earned “Buy” rating on Monday, April 11 by Roth Capital. As per Friday, March 11, the company rating was maintained by Cowen & Co. Oppenheimer initiated the shares of FCEL in report on Tuesday, October 3 with “Buy” rating. FBR Capital downgraded the stock to “Mkt Perform” rating in Wednesday, October 26 report. FBR Capital maintained FuelCell Energy, Inc. (NASDAQ:FCEL) on Tuesday, March 15 with “Outperform” rating. The stock of FuelCell Energy, Inc. (NASDAQ:FCEL) earned “Neutral” rating by Roth Capital on Tuesday, October 25. The company was maintained on Monday, July 10 by Cowen & Co. The rating was upgraded by Zacks to “Sell” on Tuesday, August 11.

FuelCell Energy, Inc., together with its subsidiaries, designs, makes, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company has market cap of $139.59 million. It develops direct fuelcell plants that generate electricity, heat, and hydrogen for industrial and/or transportation uses, as well as a fuel cell carbon capture solution for coal or gas-fired power plants; and solid oxide fuel cell plants for adjacent sub-megawatt applications to the markets for megawatt-class DFC power plants, as well as energy storage (reversible solid oxide fuel cell) applications utilizing hydrogen as an energy carrier. It currently has negative earnings. The firm serves various markets, such as utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, and commercial and hospitality.