Fluence Energy Inc (NASDAQ: FLNC) kicked off on Tuesday, up 2.10% from the previous trading day ,before settling in for the closing price of $16.69. Over the past 52 weeks, FLNC has traded in a range of $13.03-$31.32.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 172.88%. While this was happening, its average annual earnings per share was recorded 136.49%. With a float of $70.97 million, this company’s outstanding shares have now reached $118.90 million.
The extent of productivity of a business whose workforce counts for 1112 workers is very important to gauge.
Fluence Energy Inc (FLNC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Renewable Industry. The insider ownership of Fluence Energy Inc is 44.18%, while institutional ownership is 42.50%. The most recent insider transaction that took place on Mar 04 ’24, was worth 98,926. In this transaction President and CEO of this company bought 6,700 shares at a rate of $14.77, taking the stock ownership to the 55,090 shares. Before that another transaction happened on Mar 04 ’24, when Company’s SVP & Chief Financial Officer bought 3,300 for $15.20, making the entire transaction worth $50,160. This insider now owns 3,300 shares in total.
Fluence Energy Inc (FLNC) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported -$0.14 earnings per share (EPS), lower than consensus estimate (set at -$0.13) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 136.49% per share during the next fiscal year.
Fluence Energy Inc (NASDAQ: FLNC) Trading Performance Indicators
Take a look at Fluence Energy Inc’s (FLNC) current performance indicators. Last quarter, stock had a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Fluence Energy Inc (FLNC)
The latest stats from [Fluence Energy Inc, FLNC] show that its last 5-days average volume of 1.36 million was inferior to 2.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 54.27%. Additionally, its Average True Range was 0.99.
During the past 100 days, Fluence Energy Inc’s (FLNC) raw stochastic average was set at 27.15%, which indicates a significant decrease from 77.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.44% in the past 14 days, which was lower than the 83.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.06, while its 200-day Moving Average is $21.67. Now, the first resistance to watch is $17.45. This is followed by the second major resistance level at $17.87. The third major resistance level sits at $18.18. If the price goes on to break the first support level at $16.73, it is likely to go to the next support level at $16.42. Assuming the price breaks the second support level, the third support level stands at $16.00.
Fluence Energy Inc (NASDAQ: FLNC) Key Stats
The company with the Market Capitalisation of 2.17 billion has total of 178,633K Shares Outstanding. Its annual sales at the moment are 2,218 M in contrast with the sum of -69,620 K annual income. Company’s last quarter sales were recorded 363,960 K and last quarter income was -16,740 K.
