Fluence Energy Inc (FLNC) concluded trading on Wednesday at a closing price of $15.71, with 5.61 million shares of worth about $88.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.79% during that period and on January 15, 2025 the price saw a loss of about -2.72%. Currently the company’s common shares owned by public are about 129.42M shares, out of which, 74.42M shares are available for trading.
Stock saw a price change of -11.04% in past 5 days and over the past one month there was a price change of -7.97%. Year-to-date (YTD), FLNC shares are showing a performance of -1.07% which decreased to -22.42% 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 $26.12 during that period. The average intraday trading volume for Fluence Energy Inc shares is 2.75 million. The stock is currently trading -4.09% below its 20-day simple moving average (SMA20), while that difference is down -14.31% for SMA50 and it goes to -16.65% lower than SMA200.
Fluence Energy Inc (NASDAQ: FLNC) currently have 129.42M outstanding shares and institutions hold larger chunk of about 53.34% of that.
The stock has a current market capitalization of $2.85B and its 3Y-monthly beta is at 2.41. PE ratio of stock for trailing 12 months is 296.42, while it has posted earnings per share of $0.05 in the same period. It has Quick Ratio of 1.05 while making debt-to-equity ratio of 0.08. 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 9.16% while standing at 6.67% over the month.
Analysts are in expectations that Fluence Energy Inc (FLNC) stock would likely to be making an EPS of -0.21 in the current quarter, while forecast for next quarter EPS is -0.16 and it is 1.27 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.26 which is -0.17 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.08 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 355.02% while it is estimated to increase by 76.91% 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 Robert W. Baird on December 18, 2024 offering a Neutral rating for the stock and assigned a target price range of between $24 and $20 to it. Coverage by Exane BNP Paribas stated Fluence Energy Inc (FLNC) stock as a Neutral in their note to investors on November 08, 2024, suggesting a price target of $22 for the stock. On October 01, 2024, Citigroup Downgrade their recommendations, while on September 04, 2024, Jefferies Initiated their ratings for the stock with a price target of $26. Stock get a Buy rating from Guggenheim on August 09, 2024.
