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The price of Bloom Energy Corp (NYSE: BE) closed at $10.74 in the last session, up 5.09% from day before closing price of $10.22. In other words, the price has increased by $5.09 from its previous closing price. On the day, 4.52 million shares were traded. BE stock price reached its highest trading level at $10.83 during the session, while it also had its lowest trading level at $10.08.
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 3.20 and its Current Ratio is at 4.52. In the meantime, Its Debt-to-Equity ratio is 4.06 whereas as Long-Term Debt/Eq ratio is at 3.95.
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, Jefferies on September 06, 2024, Downgraded its rating to Hold and sets its target price to $11 from $15 previously.
On May 10, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $10 to $13.
On April 01, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $21.Evercore ISI initiated its Outperform rating on April 01, 2024, with a $21 target price.
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 Sep 16 ’24 when Chitoori Satish sold 4,785 shares for $9.86 per share. The transaction valued at 47,180 led to the insider holds 186,498 shares of the business.
SATISH PRABHU CHITOORI bought 4,785 shares of BE for $47,168 on Sep 16 ’24. On Aug 16 ’24, another insider, SODERBERG SHAWN MARIE, who serves as the insider of the company, sold 1,538 shares for $11.68 each. As a result, the insider received 17,964 and left with 167,818 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 2450330880 and an Enterprise Value of 3608539904. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 5.77. Its current Enterprise Value per Revenue stands at 2.717 whereas that against EBITDA is 1311.719.
Stock Price History:
Over the past 52 weeks, BE has reached a high of $18.14, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is -1.16%, while the 200-Day Moving Average is calculated to be -9.47%.
Shares Statistics:
According to the various share statistics, BE traded on average about 5.13M shares per day over the past 3-months and 4373090 shares per day over the past 10 days. A total of 224.72M shares are outstanding, with a floating share count of 192.95M. Insiders hold about 15.43% of the company’s shares, while institutions hold 82.86% stake in the company. Shares short for BE as of 1727654400 were 39950317 with a Short Ratio of 7.79, compared to 1724976000 on 41049660. Therefore, it implies a Short% of Shares Outstanding of 39950317 and a Short% of Float of 28.030002.
