At the time of writing, Fluence Energy Inc [FLNC] stock is trading at $17.01, down -1.05%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FLNC shares have gain 3.53% over the last week, with a monthly amount drifted -25.72%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Fluence Energy Inc [NASDAQ: FLNC] stock has seen the most recent analyst activity on June 06, 2024, when Guggenheim downgraded its rating to a Neutral. Previously, Raymond James upgraded its rating to Outperform on April 03, 2024, and kept the price target unchanged to $22. On February 26, 2024, upgrade upgraded it’s rating to Positive but maintained its price target of $24 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $23 on February 23, 2024. ROTH MKM upgraded its rating to a Buy and raised its price target to $31 on December 04, 2023. BofA Securities upgraded its rating to Buy for this stock on November 08, 2023, and upped its price target to $26. In a note dated October 20, 2023, Exane BNP Paribas initiated an Underperform rating and provided a target price of $18 on this stock.
For the past year, the stock price of Fluence Energy Inc fluctuated between $13.03 and $31.32. Currently, Wall Street analysts expect the stock to reach $27.09 within the next 12 months. Fluence Energy Inc [NASDAQ: FLNC] shares were valued at $17.01 at the most recent close of the market. An investor can expect a potential return of 59.26% based on the average FLNC price forecast.
Analyzing the FLNC fundamentals
According to Fluence Energy Inc [NASDAQ:FLNC], the company’s sales were 2.20B for trailing twelve months, which represents an -10.75% plunge. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.60 points at the first support level, and at 16.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.43, and for the 2nd resistance point, it is at 17.86.
Ratios To Look Out For
It is important to note that Fluence Energy Inc [NASDAQ:FLNC] has a current ratio of 1.36. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 0.99, the price to book ratio is 5.25.
Transactions by insiders
Recent insider trading involved Zahurancik John, SVP and President, Americas, that happened on Jun 12 ’24 when 25000.0 shares were sold. President and CEO, Nebreda Julian completed a deal on Mar 04 ’24 to buy 6700.0 shares. Meanwhile, SVP & Chief Financial Officer Pasha Ahmed bought 3300.0 shares on Mar 04 ’24.
