Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Bloom Energy Corp’s current trading price is -8.89% away from its 52-week high, while its distance from the 52-week low is 210.85%. The stock’s price range during this period has varied between $8.41 and $28.70. The company, active in the Industrials sector, saw a trading volume of around 6.96 million for the day, considerably lower average daily volume of 8.34 million observed over the last three months.
Bloom Energy Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $28.70 on 11/27/24, and the lowest price during that time was $8.41, recorded on 02/23/24.
How Financial Performance Impacts Market Capitalization
Bloom Energy Corp (BE) has experienced a quarterly rise of 159.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.17B and boasts a workforce of 2377 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.02, with a change in price of +11.67. Similarly, Bloom Energy Corp recorded 7,075,288 in trading volume during the last 100 days, posting a change of +80.59%.
How BE’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BE stands at 3.93. Similarly, the long-term debt-to-equity ratio is also 3.57.
BE Stock Stochastic Average
As of today, the raw stochastic average of Bloom Energy Corp over the last 50 days is at 87.04%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 66.49%. Further, the company’s Stochastic %K and %D values for the last 20 days were 71.17% and 71.02%, respectively.
BE Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 76.69%. However, over the last six months, the performance has been weaker by 87.46%. The price of BE increased 96.91% over the last 30 days. And in the last five days, it has fallen by -1.62%.
