Fluence Energy Inc (FLNC) concluded trading on Wednesday at a closing price of $6.15, with 4.19 million shares of worth about $25.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -68.59% during that period and on Wednesday the price saw a loss of about -0.65%. Currently the company’s common shares owned by public are about 129.93M shares, out of which, 74.78M shares are available for trading.
Stock saw a price change of -10.22% in past 5 days and over the past one month there was a price change of -55.08%. Year-to-date (YTD), FLNC shares are showing a performance of -61.27% which decreased to -57.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.05 but also hit the highest price of $26.12 during that period. The average intraday trading volume for Fluence Energy Inc shares is 5.52 million. The stock is currently trading -34.69% below its 20-day simple moving average (SMA20), while that difference is down -53.56% for SMA50 and it goes to -65.70% lower than SMA200.
Fluence Energy Inc (NASDAQ: FLNC) currently have 129.93M outstanding shares and institutions hold larger chunk of about 58.89% of that.
The stock has a current market capitalization of $1.12B and its 3Y-monthly beta is at 2.48. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 1.00 while making debt-to-equity ratio of 0.97. 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 8.82% while standing at 8.89% over the month.
Stock’s fiscal year EPS is expected to drop by -6.01% while it is estimated to increase by 240.56% 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 BofA Securities on February 13, 2025 offering a Neutral rating for the stock and assigned a target price range of between $20 and $8 to it. On February 12, 2025, UBS Downgrade their recommendations, while on February 12, 2025, ROTH MKM Downgrade their ratings for the stock with a price target of $6.50. Stock get a Sector perform rating from RBC Capital Mkts on February 12, 2025.
