On Friday, Fluence Energy Inc (NASDAQ: FLNC) was 8.69% up from the session before settling in for the closing price of $21.18. A 52-week range for FLNC has been $12.74 – $27.80.
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Annual sales at Utilities sector company grew by 172.88% over the past five years. When this article was written, the company’s average yearly earnings per share was at 121.65%. With a float of $74.10 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 12.13%, operating margin of -1.0%, and the pretax margin is -1.15%.
Fluence Energy Inc (FLNC) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Fluence Energy Inc stocks. The insider ownership of Fluence Energy Inc is 42.55%, while institutional ownership is 53.84%. 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 121.65% per share during the next fiscal year.
Fluence Energy Inc (NASDAQ: FLNC) Trading Performance Indicators
You can see what Fluence Energy Inc (FLNC) is doing with its current performance indicators. In the most recent 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 2.11. Likewise, its price to free cash flow for the trailing twelve months is 46.94.
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 0.71 in one year’s time.
Technical Analysis of Fluence Energy Inc (FLNC)
Fluence Energy Inc (NASDAQ: FLNC) saw its 5-day average volume 2.11 million, a negative change from its year-to-date volume of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 87.24%. Additionally, its Average True Range was 1.45.
During the past 100 days, Fluence Energy Inc’s (FLNC) raw stochastic average was set at 98.19%, which indicates a significant increase from 97.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.48% in the past 14 days, which was higher than the 69.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.29, while its 200-day Moving Average is $18.72. Nevertheless, the first resistance level for the watch stands at $23.76 in the near term. At $24.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.85. If the price goes on to break the first support level at $21.67, it is likely to go to the next support level at $20.33. The third support level lies at $19.58 if the price breaches the second support level.
Fluence Energy Inc (NASDAQ: FLNC) Key Stats
There are 180,490K outstanding shares of the company, which has a market capitalization of 4.52 billion. As of now, sales total 2,218 M while income totals -69,620 K. Its latest quarter income was 483,320 K while its last quarter net income were 790 K.
