Fluence Energy Inc (FLNC) concluded trading on Thursday at a closing price of $13.82, with 6.17 million shares of worth about $85.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.58% during that period and on January 30, 2025 the price saw a gain of about 4.30%. Currently the company’s common shares owned by public are about 129.42M shares, out of which, 74.69M shares are available for trading.
Stock saw a price change of 0.51% in past 5 days and over the past one month there was a price change of -14.90%. Year-to-date (YTD), FLNC shares are showing a performance of -12.97% which decreased to -34.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.43 but also hit the highest price of $26.12 during that period. The average intraday trading volume for Fluence Energy Inc shares is 3.22 million. The stock is currently trading -9.64% below its 20-day simple moving average (SMA20), while that difference is down -18.36% for SMA50 and it goes to -26.14% lower than SMA200.
Fluence Energy Inc (NASDAQ: FLNC) currently have 129.42M outstanding shares and institutions hold larger chunk of about 53.58% of that.
The stock has a current market capitalization of $2.51B and its 3Y-monthly beta is at 2.37. PE ratio of stock for trailing 12 months is 260.75, 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 7.80% while standing at 7.04% over the month.
Stock’s fiscal year EPS is expected to rise by 351.62% while it is estimated to increase by 80.10% 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 Jefferies on January 22, 2025 offering a Hold rating for the stock and assigned a target price range of between $22 and $15 to it. Coverage by Robert W. Baird stated Fluence Energy Inc (FLNC) stock as a Neutral in their note to investors on December 18, 2024, suggesting a price target of $20 for the stock. On November 08, 2024, Exane BNP Paribas Upgrade their recommendations, while on October 01, 2024, Citigroup Downgrade their ratings for the stock with a price target of $24. Stock get a Buy rating from Jefferies on September 04, 2024.
