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The price of Fluence Energy Inc (NASDAQ: FLNC) closed at $21.06 in the last session, down -1.50% from day before closing price of $21.38. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 0.81 million shares were traded. FLNC stock price reached its highest trading level at $21.67 during the session, while it also had its lowest trading level at $21.01.
Ratios:
We take a closer look at FLNC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.00. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.14 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, Citigroup on October 01, 2024, Downgraded its rating to Neutral and sets its target price to $24 from $32 previously.
On September 04, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $26.
Guggenheim Upgraded its Neutral to Buy on August 09, 2024, while the target price for the stock was maintained at $26.
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 Aug 13 ’24 when BULLS HERMAN E bought 10,000 shares for $16.81 per share. The transaction valued at 168,140 led to the insider holds 65,861 shares of the business.
Zahurancik John sold 25,000 shares of FLNC for $605,500 on Jun 12 ’24. The SVP and President, Americas now owns 96,005 shares after completing the transaction at $24.22 per share. On Mar 04 ’24, another insider, Pasha Ahmed, who serves as the SVP & Chief Financial Officer of the company, bought 3,300 shares for $15.20 each. As a result, the insider paid 50,160 and bolstered with 3,300 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 3801119232 and an Enterprise Value of 2506150144. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 6.45. Its current Enterprise Value per Revenue stands at 1.169 whereas that against EBITDA is -145.622.
Stock Price History:
Over the past 52 weeks, FLNC has reached a high of $27.80, while it has fallen to a 52-week low of $12.74. The 50-Day Moving Average of the stock is 4.99%, while the 200-Day Moving Average is calculated to be 12.73%.
Shares Statistics:
According to the various share statistics, FLNC traded on average about 1.77M shares per day over the past 3-months and 1141240 shares per day over the past 10 days. A total of 118.90M shares are outstanding, with a floating share count of 73.01M. Insiders hold about 42.92% of the company’s shares, while institutions hold 57.55% stake in the company. Shares short for FLNC as of 1727654400 were 10996460 with a Short Ratio of 6.20, compared to 1724976000 on 11501885. Therefore, it implies a Short% of Shares Outstanding of 10996460 and a Short% of Float of 17.580000000000002.
