Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Fluence Energy Inc’s stock clocked out at $16.91, up 6.49% from its previous closing price of $15.88. In other words, the price has increased by $6.49 from its previous closing price. On the day, 1.7 million shares were traded. FLNC stock price reached its highest trading level at $17.27 during the session, while it also had its lowest trading level at $16.28.
Ratios:
To gain a deeper understanding of FLNC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on December 18, 2024, Downgraded its rating to Neutral and sets its target price to $20 from $24 previously.
On November 08, 2024, Exane BNP Paribas Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $22.
Citigroup Downgraded its Buy to Neutral on October 01, 2024, whereas the target price for the stock was revised from $32 to $24.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 23 ’24 when BULLS HERMAN E bought 10,000 shares for $15.57 per share. The transaction valued at 155,680 led to the insider holds 75,861 shares of the business.
BULLS HERMAN E bought 10,000 shares of FLNC for $168,140 on Aug 13 ’24. The Director now owns 65,861 shares after completing the transaction at $16.81 per share. On Jun 12 ’24, another insider, Zahurancik John, who serves as the SVP and President, Americas of the company, sold 25,000 shares for $24.22 each. As a result, the insider received 605,500 and left with 96,005 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLNC now has a Market Capitalization of 3062739200 and an Enterprise Value of 2820888832. As of this moment, Fluence’s Price-to-Earnings (P/E) ratio for their current fiscal year is 319.06, and their Forward P/E ratio for the next fiscal year is 16.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 4.64. Its current Enterprise Value per Revenue stands at 1.316 whereas that against EBITDA is -163.91.
Stock Price History:
Over the past 52 weeks, FLNC has reached a high of $26.12, while it has fallen to a 52-week low of $12.74. The 50-Day Moving Average of the stock is -10.84%, while the 200-Day Moving Average is calculated to be -10.11%.
Shares Statistics:
It appears that FLNC traded 2.56M shares on average per day over the past three months and 2390170 shares per day over the past ten days. A total of 129.42M shares are outstanding, with a floating share count of 74.43M. Insiders hold about 42.58% of the company’s shares, while institutions hold 53.46% stake in the company. Shares short for FLNC as of 1730332800 were 11033961 with a Short Ratio of 5.61, compared to 1727654400 on 10996460. Therefore, it implies a Short% of Shares Outstanding of 11033961 and a Short% of Float of 17.639999.