Fluence Energy Inc (NASDAQ: FLNC) is -7.09% lower on its value in year-to-date trading and has touched a low of $12.74 and a high of $27.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLNC stock was last observed hovering at around $21.62 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $22.16, the stock is 9.44% and 22.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 2.50% at the moment leaves the stock 17.30% off its SMA200. FLNC registered 0.54% gain for a year compared to 6-month gain of 33.09%. The firm has a 50-day simple moving average (SMA 50) of $18.122 and a 200-day simple moving average (SMA200) of $18.892124.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 18.12% loss in the last 1 month and extending the period to 3 months gives it a 15.84%, and is 3.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.47% over the week and 5.73% over the month.
Fluence Energy Inc (FLNC) has around 1112 employees, a market worth around $2.83B and $2.14B in sales. Fwd P/E is 33.69. Profit margin for the company is -1.02%. Distance from 52-week low is 73.94% and -20.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.15%).
The EPS is expected to grow by 121.03% this year
335.0 institutions hold shares in Fluence Energy Inc (FLNC), with institutional investors hold 112.47% of the company’s shares. The shares outstanding are 118.90M, and float is at 73.01M with Short Float at 15.84%. Institutions hold 77.40% of the Float.
The top institutional shareholder in the company is SIEMENS AG with over 39.74 million shares valued at $689.06 million. The investor’s holdings represent 31.3285 of the FLNC Shares outstanding. As of 2024-06-30, the second largest holder is SIEMENS PENSION TRUST E V with 11.76 million shares valued at $203.94 million to account for 9.2722 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.1 million shares representing 4.8076 and valued at over $105.74 million, while BLACKROCK INC. holds 3.4778 of the shares totaling 4.41 million with a market value of $76.49 million.
Fluence Energy Inc (FLNC) Insider Activity
The most recent transaction is an insider purchase by BULLS HERMAN E, the company’s Director. SEC filings show that BULLS HERMAN E bought 10,000 shares of the company’s common stock on Aug 13 ’24 at a price of $16.81 per share for a total of $0.17 million. Following the purchase, the insider now owns 65861.0 shares.
Fluence Energy Inc disclosed in a document filed with the SEC on Jun 12 ’24 that Zahurancik John (SVP and President, Americas) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $24.22 per share for $0.61 million. Following the transaction, the insider now directly holds 96005.0 shares of the FLNC stock.
Still, SEC filings show that on Mar 04 ’24, Pasha Ahmed (SVP & Chief Financial Officer) acquired 3,300 shares at an average price of $15.20 for $50160.0. The insider now directly holds 3,300 shares of Fluence Energy Inc (FLNC).
