Fusion Fuel Green (NASDAQ:HTOO) Shares Down 2.9%

Fusion Fuel Green PLC (NASDAQ:HTOO)’s share price dropped 2.9% during trading on Monday . The company traded as low as $0.52 and last traded at $0.52. Approximately 153,330 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 594,406 shares. The stock had previously closed at $0.54.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $3.50 price objective on shares of Fusion Fuel Green in a research note on Thursday, June 6th.

Fusion Fuel Green Price Performance

The company has a quick ratio of 0.38, a current ratio of 0.56 and a debt-to-equity ratio of 3.65. The firm has a 50 day moving average price of $0.71 and a 200-day moving average price of $1.06.

Institutional Trading of Fusion Fuel Green

An institutional investor recently bought a new position in Fusion Fuel Green stock. Consolidated Portfolio Review Corp bought a new position in shares of Fusion Fuel Green PLC (NASDAQ:HTOO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 53,736 shares of the company’s stock, valued at approximately $47,000. Consolidated Portfolio Review Corp owned 0.36% of Fusion Fuel Green as of its most recent SEC filing. Institutional investors and hedge funds own 17.82% of the company’s stock.

Fusion Fuel Green Company Profile

Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator.