Bloom Energy Corporation (NYSE:BE) went up by 6.46% from its latest closing price compared to the recent 1-year high of $19.67. The company’s stock price has collected 17.91% of gains in the last five trading sessions. Press Release reported 6 hours ago that Bloom Energy Announces Upcoming Investor Event
Is It Worth Investing in Bloom Energy Corporation (NYSE :BE) Right Now?
Opinions of the stock are interesting as 3 analysts out of 8 who provided ratings for Bloom Energy Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $17.83, which is -$1.97 below the current price. BE currently public float of 97.12M and currently shorts hold a 19.36% ratio of that float. Today, the average trading volume of BE was 5.41M shares.
BE’s Market Performance
BE stocks went up by 17.91% for the week, with a monthly jump of 14.75% and a quarterly performance of 71.47%, while its annual performance rate touched 468.67%. The volatility ratio for the week stands at 7.54% while the volatility levels for the past 30 days are set at 9.33% for Bloom Energy Corporation. The simple moving average for the period of the last 20 days is 16.79% for BE stocks with a simple moving average of 76.53% for the last 200 days.
Analysts’ Opinion of BE
KeyBanc Capital Markets gave a rating of “Overweight” to BE, setting the target price at $5 in the report published on October 14th of the previous year.
BE Trading at 18.14% from the 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, the company was unable to rebound, for now settling with -8.64% of loss for the given period.
Volatility was left at 9.33%, however, over the last 30 days, the volatility rate increased by 7.54%, as shares surge +9.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.15% upper at present.
During the last 5 trading sessions, BE rose by +17.91%, which changed the moving average for the period of 200-days by +165.04% in comparison to the 20-day moving average, which settled at $15.46. In addition, Bloom Energy Corporation saw 140.56% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BE starting from PILLAI HARI, who sale 2,084 shares at the price of $15.71 back on Sep 28. After this action, PILLAI HARI now owns 54,710 shares of Bloom Energy Corporation, valued at $32,740 using the latest closing price.
White Christopher, the EVP Global Sales of Bloom Energy Corporation, sale 7,352 shares at $15.01 during a trade that took place back on Sep 18, which means that White Christopher is holding 302,393 shares at $110,387 based on the most recent closing price.
Stock Fundamentals for BE
Current profitability levels for the company are sitting at:
- -30.00 for the present operating margin
- +12.08 for the gross margin
The net margin for Bloom Energy Corporation stands at -38.77. The total capital return value is set at -26.80, while invested capital returns managed to touch -55.07. Equity return is now at value 109.70, with -21.90 for asset returns.
When we switch over and look at the enterrpise to sales, we see a ratio of 2.31, with the company’s debt to enterprise value settled at 0.60. The receivables turnover for the company is 11.10 and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.