Bloom Energy Corp (NYSE: BE) kicked off on Monday, up 8.85% from the previous trading day, before settling in for the closing price of $9.94. Over the past 52 weeks, BE has traded in a range of $8.41-$18.14.
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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. While this was happening, its average annual earnings per share was recorded 242.32%. With a float of $192.95 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. In terms of profitability, gross margin is 17.39%, operating margin of -9.46%, and the pretax margin is -21.07%.
Bloom Energy Corp (BE) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Bloom Energy Corp is 15.43%, while institutional ownership is 82.28%. The most recent insider transaction that took place on Oct 16 ’24, was worth 21,903. In this transaction an insider of this company sold 2,086 shares at a rate of $10.50, taking the stock ownership to the 169,850 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Officer proposed sale 2,086 for $10.46, making the entire transaction worth $21,820.
Bloom Energy Corp (BE) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.15 earnings per share (EPS), higher than consensus estimate (set at -0.04) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 242.32% per share during the next fiscal year.
Bloom Energy Corp (NYSE: BE) Trading Performance Indicators
Take a look at Bloom Energy Corp’s (BE) current performance indicators. Last quarter, stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.31, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.48 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 6.47 million. That was better than the volume of 5.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.93%. Additionally, its Average True Range was 0.60.
During the past 100 days, Bloom Energy Corp’s (BE) raw stochastic average was set at 21.94%, which indicates a significant decrease from 93.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.35% in the past 14 days, which was lower than the 67.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.44, while its 200-day Moving Average is $11.59. However, in the short run, Bloom Energy Corp’s stock first resistance to watch stands at $11.17. Second resistance stands at $11.53. The third major resistance level sits at $12.11. If the price goes on to break the first support level at $10.23, it is likely to go to the next support level at $9.65. Assuming the price breaks the second support level, the third support level stands at $9.29.
Bloom Energy Corp (NYSE: BE) Key Stats
The company with the Market Capitalisation of 2.56 billion has total of 227,643K Shares Outstanding. Its annual sales at the moment are 1,333 M in contrast with the sum of -302,120 K annual income. Company’s last quarter sales were recorded 335,770 K and last quarter income was -61,790 K.
