In last trading session, Fluence Energy Inc (NASDAQ:FLNC) saw 4.31 million shares changing hands with its beta currently measuring 2.65. Company’s recent per share price level of $8.24 trading at -$0.03 or -0.36% at ring of the bell on the day assigns it a market valuation of $1.50B. That closing price of FLNC’s stock is at a discount of -191.26% from its 52-week high price of $24.00 and is indicating a premium of 58.01% from its 52-week low price of $3.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.41 million shares which gives us an average trading volume of 5.07 million if we extend that period to 3-months.
For Fluence Energy Inc (FLNC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.68. Splitting up the data highlights that, out of 16 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Fluence Energy Inc (NASDAQ:FLNC) trade information
Fluence Energy Inc’s shares saw a change of -50.54% in year-to-date performance and have moved -3.85% in past 5-day. Fluence Energy Inc (NASDAQ:FLNC) showed a performance of 64.47% in past 30-days. Number of shares sold short was 23.55 million shares which calculate 6.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a fall of -64.8% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 75.73% in reaching the projected high whereas dropping to the targeted low would mean a gain of 75.73% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -284.36% while estimates for its earnings growth in next 5 years are of 37.81%.
Fluence Energy Inc (NASDAQ:FLNC)’s Major holders
Insiders are in possession of 30.90% of company’s total shares while institution are holding 83.21 percent of that, with stock having share float percentage of 120.43%. Investors also watch the number of corporate investors in a company very closely, which is 83.21% institutions for Fluence Energy Inc that are currently holding shares of the company. SIEMENS AG is the top institutional holder at FLNC for having 39.74 million shares of worth $689.06 million. And as of 2024-06-30, it was holding 31.0672 of the company’s outstanding shares.
The second largest institutional holder is SIEMENS PENSION TRUST E V, which was holding about 11.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.1948 of outstanding shares, having a total worth of $203.94 million.
