Fluence Energy Inc (NASDAQ:FLNC) shares, rose in value on Wednesday, March 26, with the stock price down by -2.40% to the previous day’s close as strong demand from buyers drove the stock to $5.29.
Actively observing the price movement in the last trading, the stock closed the session at $5.42, falling within a range of $5.2003 and $5.5955. The value of beta (5-year monthly) was 2.489. Referring to stock’s 52-week performance, its high was $26.12, and the low was $4.78. On the whole, FLNC has fluctuated by -14.54% over the past month.
With the market capitalization of Fluence Energy Inc currently standing at about $960.40 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.33B, with a low estimate of 267.15M and a high estimate of 423.67M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 331.54M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FLNC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of FLNC currently trading nearly -2.14% and -39.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.78, while the 7-day volatility ratio is showing 6.11% which for the 30-day chart, stands at 7.27%. Furthermore, Fluence Energy Inc (FLNC)’s beta value is 2.47, and its average true range (ATR) is 0.51.
A comparison of Fluence Energy Inc (FLNC) with its peers suggests the former has fared considerably weaker in the market. FLNC showed an intraday change of -2.40% in last session, and over the past year, it shrunk by -66.35%%.
Data on historical trading for Fluence Energy Inc (NASDAQ:FLNC) indicates that the trading volumes over the past 10 days have averaged 3.98 and over the past 3 months, they’ve averaged 5.66 million. According to company’s latest data on outstanding shares, there are 129.93 million shares outstanding.
Nearly 42.32% of Fluence Energy Inc’s shares belong to company insiders and institutional investors own 58.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.37 million shares as on 2025-03-14, resulting in a short ratio of 3.37. According to the data, the short interest in Fluence Energy Inc (FLNC) stood at 3211.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 17.79 million. The stock has fallen by -66.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FLNC stock heading into the next quarter.
