Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Fluence Energy Inc’s current trading price is -39.85% away from its 52-week high, while its distance from the 52-week low is 23.31%. The stock’s price range over this period has fluctuated between $12.74 and $26.12. The company, operating within the financial sector, had a trading volume of approximately 5.61 million for the day, which was noticeably higher than the average daily share volume of 2.75 million over the last 3 months.
Fluence Energy Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $26.12 on 05/31/24, while the lowest price for the same duration was marked at $12.74 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fluence Energy Inc (FLNC) has experienced a quarterly decline of -28.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.85B and boasts a workforce of 1595 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.52, with a change in price of -2.61. Similarly, Fluence Energy Inc recorded 2,352,897 in trading volume during the last 100 days, posting a change of -14.25%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FLNC stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.01.
FLNC Stock Stochastic Average
Today, Fluence Energy Inc’s raw stochastic average for the past 50 days stands at 16.18%, indicating a decline from the raw stochastic average of the last 20 days, which was 35.79%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 40.17% and 42.81% respectively.
FLNC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -1.07%.However, over the last six months, we can see a stronger performance of -10.79%. Over the last 30 days, the price of FLNC has leaped by -7.97%. And in the last five days, it has fallen by -11.04%.
