Fluence Energy Inc (NASDAQ: FLNC) on Monday, soared 9.46% from the previous trading day, before settling in for the closing price of $16.92. Within the past 52 weeks, FLNC’s price has moved between $12.74 and $27.39.
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During the last 5-year period, the sales growth of Utilities Sector giant was 142.64%. The company achieved an average annual earnings per share of 355.14%. With a float of $74.10 million, this company’s outstanding shares have now reached $129.42 million.
Let’s determine the extent of company efficiency that accounts for 1595 employees. In terms of profitability, gross margin is 12.64%, operating margin of 1.41%, and the pretax margin is 1.47%.
Fluence Energy Inc (FLNC) Insider Activity
Observing investor behavior towards Utilities – Renewable industry stocks is more important than anything else. The insider ownership of Fluence Energy Inc is 42.55%, while institutional ownership is 53.79%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 355.14% per share during the next fiscal year.
Fluence Energy Inc (NASDAQ: FLNC) Trading Performance Indicators
Fluence Energy Inc (FLNC) is currently performing well based on its current performance indicators. A quick ratio of 1.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25. Likewise, its price to free cash flow for the trailing twelve months is 64.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.05, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach 1.03 in one year’s time.
Technical Analysis of Fluence Energy Inc (FLNC)
Looking closely at Fluence Energy Inc (NASDAQ: FLNC), its last 5-days average volume was 2.88 million, which is a jump from its year-to-date volume of 2.26 million. As of the previous 9 days, the stock’s Stochastic %D was 15.59%. Additionally, its Average True Range was 1.46.
During the past 100 days, Fluence Energy Inc’s (FLNC) raw stochastic average was set at 51.33%, which indicates a significant increase from 25.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.64% in the past 14 days, which was higher than the 76.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.63, while its 200-day Moving Average is $18.70. However, in the short run, Fluence Energy Inc’s stock first resistance to watch stands at $19.30. Second resistance stands at $20.08. The third major resistance level sits at $21.17. If the price goes on to break the first support level at $17.43, it is likely to go to the next support level at $16.34. Should the price break the second support level, the third support level stands at $15.56.
Fluence Energy Inc (NASDAQ: FLNC) Key Stats
Market capitalization of the company is 3.37 billion based on 181,120K outstanding shares. Right now, sales total 2,699 M and income totals 22,720 K. The company made 1,228 M in profit during its latest quarter, and 47,840 K in sales during its previous quarter.
