On Monday, Fluence Energy Inc (NASDAQ: FLNC) opened lower -1.80% from the last session, before settling in for the closing price of $21.06. Price fluctuations for FLNC have ranged from $12.74 to $27.80 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Utilities sector company grew by 172.88% over the past five years. Company’s average yearly earnings per share was noted 121.30% at the time writing. 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 Updates
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Fluence Energy Inc is 42.92%, while institutional ownership is 57.55%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.06) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 121.30% per share during the next fiscal year.
Fluence Energy Inc (NASDAQ: FLNC) Trading Performance Indicators
Check out the current performance indicators for Fluence Energy Inc (FLNC). In the past quarter, the stock posted a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23. Likewise, its price to free cash flow for the trailing twelve months is 27.49.
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 1.11 million, a negative change from its year-to-date volume of 2.23 million. As of the previous 9 days, the stock’s Stochastic %D was 38.40%. Additionally, its Average True Range was 1.14.
During the past 100 days, Fluence Energy Inc’s (FLNC) raw stochastic average was set at 59.34%, which indicates a significant increase from 29.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.56% in the past 14 days, which was lower than the 69.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.15, while its 200-day Moving Average is $18.68. Nevertheless, the first resistance level for the watch stands at $21.05 in the near term. At $21.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.73. If the price goes on to break the first support level at $20.36, it is likely to go to the next support level at $20.05. Assuming the price breaks the second support level, the third support level stands at $19.68.
Fluence Energy Inc (NASDAQ: FLNC) Key Stats
There are currently 179,396K shares outstanding in the company with a market cap of 2.64 billion. Presently, the company’s annual sales total 2,218 M according to its annual income of -69,620 K. Last quarter, the company’s sales amounted to 483,320 K and its income totaled 790 K.
