The stock of Fluence Energy Inc (FLNC) has seen a 3.85% increase in the past week, with a -5.07% drop in the past month, and a 15.94% flourish in the past quarter. The volatility ratio for the week is 6.84%, and the volatility levels for the past 30 days are at 5.88% for FLNC. The simple moving average for the past 20 days is -3.07% for FLNC’s stock, with a 8.22% simple moving average for the past 200 days.
Is It Worth Investing in Fluence Energy Inc (NASDAQ: FLNC) Right Now?
The 36-month beta value for FLNC is also noteworthy at 2.45. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 8 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
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The public float for FLNC is 73.63M, and at present, short sellers hold a 14.99% of that float. The average trading volume of FLNC on November 14, 2024 was 1.59M shares.
FLNC) stock’s latest price update
Fluence Energy Inc (NASDAQ: FLNC)’s stock price has plunge by -1.12relation to previous closing price of 20.45. Nevertheless, the company has seen a 3.85% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-07 that SAN DIEGO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP is investigating whether Fluence Energy, Inc. (NASDAQ: FLNC) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.
Analysts’ Opinion of FLNC
Many brokerage firms have already submitted their reports for FLNC stocks, with Exane BNP Paribas repeating the rating for FLNC by listing it as a “Neutral.” The predicted price for FLNC in the upcoming period, according to Exane BNP Paribas is $22 based on the research report published on November 08, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see FLNC reach a price target of $24, previously predicting the price at $32. The rating they have provided for FLNC stocks is “Neutral” according to the report published on October 01st, 2024.
Jefferies gave a rating of “Buy” to FLNC, setting the target price at $26 in the report published on September 04th of the current year.
FLNC Trading at -4.40% from the 50-Day Moving Average
After a stumble in the market that brought FLNC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.27% of loss for the given period.
Volatility was left at 5.88%, however, over the last 30 days, the volatility rate increased by 6.84%, as shares sank -9.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.24% upper at present.
During the last 5 trading sessions, FLNC rose by +3.85%, which changed the moving average for the period of 200-days by unch in comparison to the 20-day moving average, which settled at $20.86. In addition, Fluence Energy Inc saw -15.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLNC starting from BULLS HERMAN E, who purchase 10,000 shares at the price of $16.81 back on Aug 13 ’24. After this action, BULLS HERMAN E now owns 65,861 shares of Fluence Energy Inc, valued at $168,140 using the latest closing price.
Zahurancik John, the SVP and President, Americas of Fluence Energy Inc, sale 25,000 shares at $24.22 during a trade that took place back on Jun 12 ’24, which means that Zahurancik John is holding 96,005 shares at $605,500 based on the most recent closing price.
Stock Fundamentals for FLNC
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.12 for the gross margin
The net margin for Fluence Energy Inc stands at -0.01. The total capital return value is set at -0.04. Equity return is now at value -5.38, with -1.35 for asset returns.
Based on Fluence Energy Inc (FLNC), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 2.1. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is -19.41.
Currently, EBITDA for the company is -101.94 million with net debt to EBITDA at 18.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.06. The receivables turnover for the company is 7.38for trailing twelve months and the total asset turnover is 1.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In summary, Fluence Energy Inc (FLNC) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.