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Why Is It Moving? Looking Into Why FuelCell Energy's Stock is Trading Higher Today

December 23, 2020 11:00 am
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Why Is It Moving? Looking Into Why FuelCell Energy's Stock is Trading Higher Today

The Price And Volume Action In FuelCell Energy's Stock Today

FuelCell Energy (NASDAQ:FCEL) is currently up 15.25% to a price of $12.59. The stock’s current volume for the day is 49.25 million, which is approximately 55.67% of its previous 30-day average volume of 88.48 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: FuelCell Energy shares are trading higher as alternative energy stocks gain following the passage of a US COVID relief bill, which included clean energy provisions such as tax credit extensions.

Further Analysis of Recent Price Action

The 50-day moving average price of FuelCell Energy’s stock was $5.2 when this article was published. The stock reached a high of $11.5 and a low of $0.71 in the past 52 weeks.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.


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