Recent developments with Bloom Energy Corp (BE) have led to the company’s beta value being reach 2.62 cents.

On Monday, Bloom Energy Corp (NYSE: BE) opened higher 3.42% from the last session, before settling in for the closing price of $13.17. Price fluctuations for BE have ranged from $8.41 to $18.14 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

A company in the Industrials sector has jumped its sales by 16.44% annually for the last half of the decade. Company’s average yearly earnings per share was noted 239.82% at the time writing. With a float of $193.31 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 25.03%, operating margin of -2.52%, and the pretax margin is -10.09%.

Bloom Energy Corp (BE) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Bloom Energy Corp is 15.43%, while institutional ownership is 81.87%. 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) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 239.82% per share during the next fiscal year.

Bloom Energy Corp (NYSE: BE) Trading Performance Indicators

Check out the current performance indicators for Bloom Energy Corp (BE). In the past quarter, the stock posted a quick ratio of 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 0.38 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 13.27 million. That was better than the volume of 6.0 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.29%. Additionally, its Average True Range was 0.80.

During the past 100 days, Bloom Energy Corp’s (BE) raw stochastic average was set at 56.06%, which indicates a significant decrease from 94.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.67% in the past 14 days, which was higher than the 75.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.46, 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 $14.01. Second resistance stands at $14.41. The third major resistance level sits at $14.93. If the price goes on to break the first support level at $13.09, it is likely to go to the next support level at $12.57. The third support level lies at $12.17 if the price breaches the second support level.

Bloom Energy Corp (NYSE: BE) Key Stats

There are currently 227,643K shares outstanding in the company with a market cap of 3.84 billion. Presently, the company’s annual sales total 1,333 M according to its annual income of -302,120 K. Last quarter, the company’s sales amounted to 335,770 K and its income totaled -61,790 K.