Bloom Energy Corporation (BE) is priced at $24.71 after the most recent trading session. At the very opening of the session, the stock price was $26.00 and reached a high price of $26.26, prior to closing the session it reached the value of $24.99. The stock touched a low price of $24.655.Recently in News on January 19, 2023, Bloom Energy to Announce Fourth Quarter 2022 Financial Results on February 9, 2023. Bloom Energy (NYSE: BE) today announced it will release its fourth quarter 2022 financial results on February 9, 2023 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results. You can read further details here
Bloom Energy Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $26.26 on 01/24/23, with the lowest value was $18.35 for the same time period, recorded on 01/06/23.
Bloom Energy Corporation (BE) full year performance was 60.40%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Bloom Energy Corporation shares are logging -21.48% during the 52-week period from high price, and 115.43% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $11.47 and $31.47.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 906084 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Bloom Energy Corporation (BE) recorded performance in the market was 30.70%, having the revenues showcasing 49.73% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.60B, as it employees total of 1719 workers.
Analysts verdict on Bloom Energy Corporation (BE)
During the last month, 13 analysts gave the Bloom Energy Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 20.96, with a change in the price was noted -1.02. In a similar fashion, Bloom Energy Corporation posted a movement of -4.01% for the period of last 100 days, recording 2,490,199 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BE is recording 5.48 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.21.
Bloom Energy Corporation (BE): Technical Analysis
Raw Stochastic average of Bloom Energy Corporation in the period of last 50 days is set at 79.18%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.18%. In the last 20 days, the company’s Stochastic %K was 86.62% and its Stochastic %D was recorded 87.71%.
Let’s take a glance in the erstwhile performances of Bloom Energy Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 30.70%. Additionally, trading for the stock in the period of the last six months notably improved by 46.48%, alongside a boost of 60.40% for the period of the last 12 months. The shares increased approximately by 4.47% in the 7-day charts and went down by 22.02% in the period of the last 30 days. Common stock shares were driven by 49.73% during last recorded quarter.