Fluence Energy Inc (NASDAQ: FLNC) kicked off on Friday, up 5.49% from the previous trading day, before settling in for the closing price of $20.57. Over the past 52 weeks, FLNC has traded in a range of $12.74-$27.80.
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Annual sales at Utilities sector company grew by 172.88% over the past five years. While this was happening, its average annual earnings per share was recorded 121.60%. With a float of $73.01 million, this company’s outstanding shares have now reached $118.90 million.
Let’s look at the performance matrix of the company that is accounted for 1112 employees. In terms of profitability, gross margin is 11.96%, operating margin of -1.0%, and the pretax margin is -1.15%.
Fluence Energy Inc (FLNC) Insider and Institutional Ownership
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 42.92%, while institutional ownership is 57.58%. The most recent insider transaction that took place on Aug 13 ’24, was worth 168,140. In this transaction Director of this company bought 10,000 shares at a rate of $16.81, taking the stock ownership to the 65,861 shares. Before that another transaction happened on Jun 12 ’24, when Company’s SVP and President, Americas sold 25,000 for $24.22, making the entire transaction worth $605,500. This insider now owns 96,005 shares in total.
Fluence Energy Inc (FLNC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 121.60% 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 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 28.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 0.65 in one year’s time.
Technical Analysis of Fluence Energy Inc (FLNC)
Fluence Energy Inc (NASDAQ: FLNC) saw its 5-day average volume 1.25 million, a negative change from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 43.94%. Additionally, its Average True Range was 1.27.
During the past 100 days, Fluence Energy Inc’s (FLNC) raw stochastic average was set at 66.97%, which indicates a significant increase from 55.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.77% in the past 14 days, which was lower than the 73.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.36, while its 200-day Moving Average is $18.74. Nevertheless, the first resistance level for the watch stands at $22.36 in the near term. At $23.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.14. If the price goes on to break the first support level at $20.58, it is likely to go to the next support level at $19.47. The third support level lies at $18.80 if the price breaches the second support level.
Fluence Energy Inc (NASDAQ: FLNC) Key Stats
The company with the Market Capitalisation of 2.78 billion has total of 179,396K 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 483,320 K and last quarter income was 790 K.
