Fusion Fuel Green (NASDAQ:HTOO) Posts Quarterly Earnings Results

Fusion Fuel Green (NASDAQ:HTOO) released its earnings results on Tuesday. The company reported ($0.66) earnings per share for the quarter, FiscalAI reports. The company had revenue of $3.73 million for the quarter.

Fusion Fuel Green Stock Performance

Fusion Fuel Green stock opened at $1.90 on Wednesday. Fusion Fuel Green has a 52-week low of $1.80 and a 52-week high of $5.20. The stock’s 50 day moving average price is $2.19 and its two-hundred day moving average price is $2.65.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Fusion Fuel Green from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Fusion Fuel Green

Fusion Fuel Green PLC is a green hydrogen technology company that develops systems for producing hydrogen using renewable energy. The company’s activities center on integrating solar power with electrolysis, allowing water to be converted into hydrogen without relying on fossil-fuel-based electricity.

Its principal technology is the HEVO electrolyzer, a modular unit designed for distributed hydrogen production. Fusion Fuel has also developed solar-integrated configurations, including HEVO-SOLAR, as well as related engineering, project development, and turnkey solutions for customers seeking renewable hydrogen infrastructure.

Founded in Portugal, Fusion Fuel has focused on opportunities in Portugal and other European markets, while also pursuing projects and partnerships in regions such as Spain and Morocco.