Bloom Energy Corporation (NYSE:BE) went up by 5.66% from its latest closing price when compared to the 1-year high value of $14.51 and move down -76.52%, while BE stocks collected -9.37% of loss with the last five trading sessions. Press Release reported 4 hours ago that Samsung Heavy Industries and Bloom Energy Advance Plans for Clean Power Ships with Joint Development Agreement
Bloom Energy Corporation (NYSE:BE) Worth an Investment?
Bloom Energy Corporation (NYSE:BE) of the analysts out of 0 who provided ratings for Bloom Energy Corporation stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $13.00 which is $2.78 above current price. BE currently has a short float of 19.38% and public float of 87.94M with average trading volume of 2.72M shares.
BE Market Performance
BE stocks went down by -9.37% for the week, with the monthly jump of 2.37% and a quarterly performance of 54.22%, while its annual performance rate touched -33.01%. The simple moving average for the period of the last 20 days is -5.42% for BE stocks with the simple moving average of 21.23% for the last 200 days.
Analysts’ Opinion on Bloom Energy Corporation (NYSE:BE)
Many brokerage firms have already submitted their reports for BE stocks, with Raymond James repeating the rating for BE shares by setting it to “Mkt Perform”. The predicted price for BE socks in the upcoming period according to Raymond James is $19 based on the research report published on February 20, 2020.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see BE stock at the price of $19. The rating they have provided for BE stocks is “Sector Weight” according to the report published on February 13, 2020.
KeyBanc Capital Markets gave “Overweight” rating to BE stocks, setting the target price at $5 in the report published on October 14, 2019.
BE Stocks 0.22% Far from 50 Day Moving Average
After a stumble in the market that brought BE to its low price for the period of the last 52 weeks, Bloom Energy Corporation was unable to take a rebound, for now settling with -43.35% of loss for the given period.
The stock volatility was left at 8.96%, however, within the period of a single month, the volatility rate increased by 7.89%, while the shares sank at the distance of -2.14% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +20.35% upper at the present time.
In the course of the last 5 trading sessions, BE went down by -9.37%, which changed the moving average for the period of 200 days to the total of +77.92% of gains for the stock in comparison to the 20-day moving average settled at $8.68. In addition, Bloom Energy Corporation saw 10.04% in overturn over the period of a single year with a tendency to cut further gains.
BE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Bloom Energy Corporation (BE), starting from White Christopher, who sold 22,755 shares at the price of $9.25 back on Jun 18. After this action, Rushing now owns 307,245 shares of Bloom Energy Corporation, valued at $210,370 with the latest closing price.
Brennan Susan Seilheimer, the EVP & COO of Bloom Energy Corporation, sold 10,000 shares at the value of $8.25 during a trade that took place back on May 26, which means that Brennan Susan Seilheimer is holding 120,854 shares at the value of $82,524 based on the most recent closing price.
BE Stock Fundamentals
The current profitability levels are settled at -30.00 for the present operating margin and +12.08 for gross margin. The net margin for Bloom Energy Corporation stands at -38.77. Total capital return value is set at -26.80, while invested capital returns managed to touch -55.07. Equity return holds the value 146.40%, with -23.70% for asset returns.
The value for Enterprise to Sales is 2.30 with debt to enterprise value settled at 0.60. The receivables turnover for Bloom Energy Corporation is 11.10 with the total asset turnover at the value of 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.