-$0.61 EPS expected for Fusion Fuel Green PLC (NASDAQ:HTOO) this quarter
Wall Street brokers expect Fusion Fuel Green PLC (NASDAQ:HTOO – Get Rating) to report earnings per share of ($0.61) for the current quarter, according to Zacks. No analyst has made estimates for Fusion Fuel Green’s earnings. The company is expected to release its next quarterly results before market open on Thursday, March 3.
On average, analysts expect Fusion Fuel Green to report annual earnings of ($0.94) per share for the current fiscal year. For next year, analysts expect the company to post earnings of ($2.33) per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts who cover Fusion Fuel Green.
Separately, Zacks Investment Research upgraded shares of Fusion Fuel Green from a “sell” rating to a “hold” rating in a Thursday, Jan. 20, research note.
A number of institutional investors and hedge funds have recently changed their positions in the company. Mak Capital One LLC increased its stake in Fusion Fuel Green by 33.5% during the 4th quarter. Mak Capital One LLC now owns 1,831,541 shares of the company worth $15,165,000 after purchasing an additional 459,147 shares in the last quarter. Teilinger Capital Ltd. increased its equity stake in Fusion Fuel Green by 1,290.3% during the 3rd quarter. Teilinger Capital Ltd. now owns 545,000 shares of the company worth $5,919,000 after acquiring an additional 505,800 shares during the period. Lombard Odier Asset Management USA Corp increased its stake in Fusion Fuel Green shares by 6.7% during the 4th quarter. Lombard Odier Asset Management USA Corp now owns 240,098 shares of the company worth $1,988,000 after acquiring an additional 15,000 shares during the period. Jefferies Group LLC increased its equity stake in Fusion Fuel Green by 14.3% during the third quarter. Jefferies Group LLC now owns 201,259 shares of the company worth $2,186,000 after acquiring an additional 25,197 shares during the period. Finally, Raymond James & Associates increased its equity stake in Fusion Fuel Green by 7.7% during the third quarter. Raymond James & Associates now owns 54,500 shares of the company worth $592,000 after acquiring 3,900 additional shares during the period. 56.15% of the shares are currently held by institutional investors.
HTOO was down $0.17 on Friday, hitting $5.72. 65,271 shares of the company were traded, against an average volume of 94,928. Fusion Fuel Green has a fifty-two week low of $4.48 and a fifty-two week high of $17.15. The company has a 50-day moving average price of $7.02 and a 200-day moving average price of $10.17.
About Fusion Fuel Green (Get a rating)
Fusion Fuel Green PLC focuses on hydrogen production in Portugal, Southern Europe and Morocco. The company intends to supply hydrogen generators to customers who operate their own green hydrogen plants; green hydrogen as an output from green hydrogen plants; and green hydrogen plant operation and monitoring services using fusion fueled hydrogen generators.
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