Bloom Energy Corp (NYSE: BE) on Monday, plunged -4.66% from the previous trading day, before settling in for the closing price of $10.74. Within the past 52 weeks, BE’s price has moved between $8.41 and $18.93.
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A company in the Industrials sector has jumped its sales by 16.44% annually for the last half of the decade. The company achieved an average annual earnings per share of 213.05%. With a float of $196.78 million, this company’s outstanding shares have now reached $224.72 million.
In an organization with 2377 employees, it is important to assess its efficiency.
Bloom Energy Corp (BE) Insider and Institutional Ownership
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Bloom Energy Corp is 12.53%, while institutional ownership is 78.28%. The most recent insider transaction that took place on Mar 18 ’24, was worth 494,266. In this transaction Chairman & CEO of this company sold 50,746 shares at a rate of $9.74, taking the stock ownership to the 2,702,608 shares. Before that another transaction happened on Mar 18 ’24, when Company’s insider sold 2,160 for $9.31, making the entire transaction worth $20,110. This insider now owns 152,849 shares in total.
Bloom Energy Corp (BE) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 153.70 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 213.05% per share during the next fiscal year.
Bloom Energy Corp (NYSE: BE) Trading Performance Indicators
Bloom Energy Corp (BE) is currently performing well based on its current performance indicators. A quick ratio of 2.43 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of Bloom Energy Corp (BE)
Let’s dig in a bit further. During the last 5-days, its volume was 4.87 million. That was inferior than the volume of 5.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.39%. Additionally, its Average True Range was 0.66.
During the past 100 days, Bloom Energy Corp’s (BE) raw stochastic average was set at 24.98%, which indicates a significant increase from 2.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.93% in the past 14 days, which was lower than the 67.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.41, while its 200-day Moving Average is $13.02. However, in the short run, Bloom Energy Corp’s stock first resistance to watch stands at $10.60. Second resistance stands at $10.95. The third major resistance level sits at $11.16. If the price goes on to break the first support level at $10.04, it is likely to go to the next support level at $9.83. The third support level lies at $9.48 if the price breaches the second support level.
Bloom Energy Corp (NYSE: BE) Key Stats
Market capitalization of the company is 2.30 billion based on 224,973K outstanding shares. Right now, sales total 1,333 M and income totals -302,120 K. The company made 356,920 K in profit during its latest quarter, and 4,510 K in sales during its previous quarter.
