Stocks of Fluence Energy Inc (NASDAQ:FLNC) traded higher last session on Wall Street, up 1.58% to $5.78.
FLNC stock price is now 23.50% away from the 50-day moving average and -58.87% away from the 200-day moving average. The market capitalization of the company currently stands at $1.05B.
With the price target maintained at $4, HSBC Securities recently Downgraded its rating from Buy to Hold for Fluence Energy Inc (NASDAQ: FLNC). On April 11, 2025, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $7, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Boll Rebecca, Officer bought 78,258 shares of the company’s stock on Apr 22 ’25. The stock was bought for $288,480 at an average price of $3.69. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer Boll Rebecca bought 78,257 shares of the business’s stock. A total of $293,027 was incurred on buying the stock at an average price of $3.74. A total of 42.32% of the company’s stock is owned by insiders.
During the past 12 months, Fluence Energy Inc has had a low of $3.46 and a high of $26.12. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 1.51, and a quick ratio of 0.86.
The net profit margin was -1.03% and return on equity was -5.96% for FLNC. The company reported revenue of $431.62 million for the quarter, compared to $623.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.74 percent.
