Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Bloom Energy Corp (NYSE: BE) closed at $24.32 in the last session, up 4.07% from day before closing price of $23.37. In other words, the price has increased by $4.07 from its previous closing price. On the day, 6.42 million shares were traded. BE stock price reached its highest trading level at $25.37 during the session, while it also had its lowest trading level at $23.46.
Ratios:
We take a closer look at BE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 3.93 whereas as Long-Term Debt/Eq ratio is at 3.57.
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 this company, ROTH MKM on December 11, 2024, initiated with a Neutral rating and assigned the stock a target price of $25.
On November 20, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $24.50.
Piper Sandler Upgraded its Neutral to Overweight on November 15, 2024, whereas the target price for the stock was revised from $10 to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when Chitoori Satish sold 1,042 shares for $25.61 per share. The transaction valued at 26,686 led to the insider holds 185,456 shares of the business.
SATISH PRABHU CHITOORI bought 1,042 shares of BE for $26,680 on Dec 16 ’24. On Nov 20 ’24, another insider, Sridhar KR, who serves as the Chairman & CEO of the company, sold 72,903 shares for $25.02 each. As a result, the insider received 1,824,033 and left with 1,869,593 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, BE now has a Market Capitalization of 5558968320 and an Enterprise Value of 6784117760. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.60 while its Price-to-Book (P/B) ratio in mrq is 12.90. Its current Enterprise Value per Revenue stands at 5.391 whereas that against EBITDA is -195.626.
Stock Price History:
Over the past 52 weeks, BE has reached a high of $28.70, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is 21.15%, while the 200-Day Moving Average is calculated to be 73.46%.
Shares Statistics:
According to the various share statistics, BE traded on average about 8.29M shares per day over the past 3-months and 4806130 shares per day over the past 10 days. A total of 228.51M shares are outstanding, with a floating share count of 192.53M. Insiders hold about 15.77% of the company’s shares, while institutions hold 79.38% stake in the company. Shares short for BE as of 1734048000 were 41123871 with a Short Ratio of 4.77, compared to 1731628800 on 45825137. Therefore, it implies a Short% of Shares Outstanding of 41123871 and a Short% of Float of 28.76.
