Currently, there are 129.93M common shares owned by the public and among those 75.07M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -21.24% and -72.68% over the past three months. FLNC shares are trading -67.32% year to date (YTD), with the 12-month market performance down to -66.41% lower. It has a 12-month low price of $5.55 and touched a high of $26.12 over the same period. FLNC has an average intraday trading volume of 5.42 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -37.10%, -58.66%, and -70.76% respectively.
Institutional ownership of Fluence Energy Inc (NASDAQ: FLNC) shares accounts for 58.70% of the company’s 129.93M shares outstanding.
It has a market capitalization of $942.24M and a beta (3y monthly) value of 2.49. The earnings-per-share (ttm) stands at -$0.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.84% over the week and 8.80% over the month.
Earnings per share for the fiscal year are expected to decrease by -6.01%, and 240.56% over the next financial year.
Looking at the support for the FLNC, a number of firms have released research notes about the stock. BofA Securities stated their Neutral rating for the stock in a research note on February 13, 2025, with the firm’s price target at $20-$8. UBS was of a view on February 12, 2025 that the stock is Neutral, while ROTH MKM gave the stock Neutral rating on February 12, 2025, issuing a price target of $20- $6.50. RBC Capital Mkts on their part issued Sector Perform rating on February 12, 2025.
