Fluence Energy Inc (FLNC) concluded trading on Thursday at a closing price of $15.92, with 7.39 million shares of worth about $117.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.30% during that period and on August 08, 2024 the price saw a gain of about 15.03%. Currently the company’s common shares owned by public are about 118.90M shares, out of which, 73.04M shares are available for trading.
Stock saw a price change of 0.44% in past 5 days and over the past one month there was a price change of -7.66%. Year-to-date (YTD), FLNC shares are showing a performance of -33.25% which decreased to -42.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.74 but also hit the highest price of $30.19 during that period. The average intraday trading volume for Fluence Energy Inc shares is 2.70 million. The stock is currently trading -0.91% below its 20-day simple moving average (SMA20), while that difference is down -15.05% for SMA50 and it goes to -16.12% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Fluence Energy Inc (NASDAQ: FLNC) currently have 118.90M outstanding shares and institutions hold larger chunk of about 50.55% of that.
The stock has a current market capitalization of $2.04B and its 3Y-monthly beta is at 2.49. It has posted earnings per share of -$0.19 in the same period. It has Quick Ratio of 0.78 while making debt-to-equity ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLNC, volatility over the week remained 10.67% while standing at 7.33% over the month.
Stock’s fiscal year EPS is expected to rise by 126.13% while it is estimated to increase by 396.39% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Scotiabank on July 12, 2024 offering a Sector perform rating for the stock and assigned a target price of $21 to it. Coverage by Truist stated Fluence Energy Inc (FLNC) stock as a Buy in their note to investors on July 10, 2024, suggesting a price target of $25 for the stock. On June 06, 2024, Guggenheim Downgrade their recommendations, while on April 03, 2024, Raymond James Upgrade their ratings for the stock with a price target of $22. Stock get a Positive rating from Susquehanna on February 26, 2024.
