In the stock market, “good” is often not good enough

Dusseldorf Actually, the figures presented by SFC Energy on Tuesday look pretty good. The supplier of hydrogen and methanol fuel cells increased sales last year by around a third to 85.2 million euros.

The company also slightly exceeded the forecast for the operating result (Ebitda) at EUR 8.15 million. Nevertheless, the stock fell by six percent at its peak. Aren’t such price reactions another argument for the irrationality and unpredictability of the stock exchanges?

SFC Energy is active in the hydrogen sector and thus in a growth area. The company supplies, among other things, the electrical energy for measuring and early warning stations, defense applications, traffic monitoring systems, mobile homes and sailing yachts.

In November, SFC received the largest fuel cell order in the company’s history. At the beginning of the year, the stock was one of the top picks by analysts in Germany.