In last trading session, Fluence Energy Inc (NASDAQ:FLNC) saw 2.2 million shares changing hands with its beta currently measuring 2.48. Company’s recent per share price level of $19.49 trading at $1.35 or 7.44% at ring of the bell on the day assigns it a market valuation of $2.48B. That closing price of FLNC’s stock is at a discount of -60.7% from its 52-week high price of $31.32 and is indicating a premium of 33.15% from its 52-week low price of $13.03. Taking a look at company’s average trading volume volume of 2.42 million if we extend that period to 3-months.
Fluence Energy Inc (NASDAQ:FLNC) trade information
Upright in the green during last session for gaining 7.44%, in the last five days FLNC remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $19.49 price level, adding 0.1% to its value on the day. Fluence Energy Inc’s shares saw a change of -18.28% in year-to-date performance and have moved 18.05% in past 5-day. Fluence Energy Inc (NASDAQ:FLNC) showed a performance of 18.41% in past 30-days.
Fluence Energy Inc (FLNC) estimates and forecasts
Statistics highlight that Fluence Energy Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 12.53% of value to its shares in past 6 months, showing an annual growth rate of 123.33% while that of industry is 9.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 34.00% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 578.76M for the same. And 15 analysts are in estimates of company making revenue of 954.79M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.91% during past 5 years.
FLNC Dividends
Fluence Energy Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
