While Fluence Energy Inc has underperformed by -3.77%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FLNC rose by 2.62%, with highs and lows ranging from $27.80 to $12.74, whereas the simple moving average jumped by 12.30% in the last 200 days.
On October 01, 2024, Citigroup Downgraded Fluence Energy Inc (NASDAQ: FLNC) to Neutral. A report published by Jefferies on September 04, 2024, Initiated its previous ‘Buy’ rating for FLNC. Guggenheim also Upgraded FLNC shares as ‘Buy’, setting a target price of $26 on the company’s shares in a report dated August 09, 2024. Scotiabank Initiated an Sector Perform rating on July 12, 2024, and assigned a price target of $21. Truist initiated its ‘Buy’ rating for FLNC, as published in its report on July 10, 2024. Raymond James also rated the stock as ‘Outperform’.
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
Analysis of Fluence Energy Inc (FLNC)
Further, the quarter-over-quarter decrease in sales is -9.89%, showing a negative trend in the upcoming months.
One of the most important indicators of Fluence Energy Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -5.38% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.78, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and FLNC is recording 2.02M average volume. On a monthly basis, the volatility of the stock is set at 5.54%, whereas on a weekly basis, it is put at 6.96%, with a loss of -6.83% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.40, showing growth from the present price of $21.16, which can serve as yet another indication of whether FLNC is worth investing in or should be passed over.
How Do You Analyze Fluence Energy Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 42.92%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 57.71% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FLNC shares are owned by institutional investors to the tune of 57.71% at present.
