Bloom Energy Corp (BE) posted a -20.96% change over the last five days signaling a new trend

Bloom Energy Corp (NYSE: BE) on Monday, plunged -7.55% from the previous trading day, before settling in for the closing price of $11.79. Within the past 52 weeks, BE’s price has moved between $8.41 and $18.14.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.44%. The company achieved an average annual earnings per share of 244.84%. With a float of $193.01 million, this company’s outstanding shares have now reached $224.72 million.

Considering the fact that the conglomerate employs 2377 people, you should pay attention to its efficiency factor.

Bloom Energy Corp (BE) Breakdown of a Key Holders of the stock

Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Bloom Energy Corp is 14.98%, while institutional ownership is 78.77%. The most recent insider transaction that took place on Jul 16 ’24, was worth 30,426. In this transaction an insider of this company sold 2,094 shares at a rate of $14.53, taking the stock ownership to the 168,867 shares. Before that another transaction happened on Jun 17 ’24, when Company’s Chief Operations Officer sold 1,075 for $13.92, making the entire transaction worth $14,964. This insider now owns 191,283 shares in total.

Bloom Energy Corp (BE) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 244.84% 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 2.81 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 1.91.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.36, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.45 in one year’s time.

Technical Analysis of Bloom Energy Corp (BE)

Compared to the last year’s volume of 6.21 million, its volume of 5.87 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.64%. Additionally, its Average True Range was 1.08.

During the past 100 days, Bloom Energy Corp’s (BE) raw stochastic average was set at 22.32%, which indicates a significant increase from 5.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.27% in the past 14 days, which was lower than the 73.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.01, while its 200-day Moving Average is $12.28. Nevertheless, the first resistance level for the watch stands at $11.39 in the near term. At $11.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.30. If the price goes on to break the first support level at $10.47, it is likely to go to the next support level at $10.05. Now, if the price goes above the second support level, the third support stands at $9.56.

Bloom Energy Corp (NYSE: BE) Key Stats

Market capitalization of the company is 2.47 billion based on 227,020K outstanding shares. Right now, sales total 1,333 M and income totals -302,120 K. The company made 235,300 K in profit during its latest quarter, and -57,520 K in sales during its previous quarter.