NEW YORK (TheStreet) -- FuelCell Energy (FCEL) shares are up 3.8% to $1.60 in trading on Tuesday after the fuel cell maker released its fourth quarter earnings results after the closing bell yesterday.
The Danbury, CT-based company reported a fourth quarter net loss of $4.5 million or 2 cents per diluted share that is in line with what analysts were expecting the company to report during the period.
The company also generated $54.4 million in revenue during the period which beat the analysts' $52.8 million expectations for the quarter. The company's quarter was highlighted by the sale of six fuel-cell modules with a total capacity of 8.4 megawatts to Posco, Korea's largest steel maker.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreet Ratings team rates FUELCELL ENERGY INC as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate FUELCELL ENERGY INC (FCEL) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself."