Investors’ Patience Is Being Tested Right Now By Fluence Energy Inc (NASDAQ: FLNC)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Fluence Energy, Inc. Reports Record $1.1 Billion Quarterly Order Intake, Resulting in Highest Ever Backlog; Reaffirms Fiscal 2024 Guidance.

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Stocks Info

Fluence Energy Inc is listed on the NASDAQ as a member of the Utilities sector and is a part of the Utilities – Renewable industry. At the end of the last regular session, the stock closed at $21.58 and fluctuated between $22.22 as its day high and $19.43 as its day low. The current market capitalization of Fluence Energy Inc is $2.74B. A total of 4.08 million shares were traded on the day, compared to an average of 2.21M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, FLNC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 10 BUYs and 7 SELLs from insiders. Insiders purchased 311,926 shares during that period but sold 203,204.

In the most recent transaction, AES CORP sold 7,087,500 shares of FLNC for 22.05 per share on Dec 08. After the transaction, the 10% Owner now owns 0 company shares. In a previous transaction on Dec 08, SIEMENS PENSION TRUST E V sold 7,087,500 shares at 22.05 per share. FLNC shares that 10% Owner owns now total 11,761,131.

Among the insiders who sold shares, Qatar Investment Authority disposed of 3,825,000 shares on Dec 08 at a per-share price of $22.05. This resulted in the Director holding 14,668,275 shares of FLNC after the transaction. In another insider transaction, Couch Carolee sold 50,000 shares at $22.78 per share on May 22. Company shares held by the SVP & Chief SC & Manu. Officer now total 1,200.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for FLNC in the last 3 months, the mean price target is $32.36 with high estimates of $59.00 and low estimates of $18.00. In terms of 52-week highs and lows, FLNC has a high of $31.32 and a low of $14.70.

As of this writing, FLNC has an earnings estimate of $Lincoln National Corporation per share for the current quarter. EPS was calculated based on a consensus of Fluence Energy, Inc. estimates, with a high estimate of $Flora Growth Corp. per share and a lower estimate of $FLEX LNG Ltd.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FLNC’s latest balance sheet shows that the firm has $36.83M in Cash & Short Term Investments as of fiscal 2021. There were $100.00M in debt and $771.49M in liabilities at the time. Its Book Value Per Share was $3.28, while its Total Shareholder’s Equity was -$56.20M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLNC is Buy with a score of 4.32.

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