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

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

Fusion Fuel Green Trading Down 3.7%

Shares of NASDAQ HTOO opened at $1.83 on Thursday. The business’s fifty day simple moving average is $2.18 and its 200-day simple moving average is $2.65. Fusion Fuel Green has a 12-month low of $1.80 and a 12-month high of $5.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Fusion Fuel Green from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average rating of “Sell”.

Fusion Fuel Green Company Profile

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.