Fluence Co. Limited (ASX:FLC) Insider Buys A$123,000.00 in Stock

Fluence Co. Limited (ASX:FLC) insider Nikolaus Oldendorff purchased 3,000,000 shares of the firm’s stock in a transaction dated Wednesday, May 14th. The stock was bought at an average cost of A$0.04 ($0.03) per share, with a total value of A$123,000.00 ($79,354.84).

Nikolaus Oldendorff also recently made the following trade(s):

• On Monday, May 12th, Nikolaus Oldendorff acquired 2,000,001 shares of Fluence stock. The stock was acquired at an average cost of A$0.04 ($0.03) per share, with a total value of A$84,000.04 ($54,193.58).
• On Tuesday, May 13th, Nikolaus Oldendorff acquired 1,757,883 shares of Fluence stock. The stock was bought at an average price of A$0.04 ($0.03) per share, with a total value of A$75,588.97 ($48,767.08).

Fluence Price Performance

The stock has a market cap of $44.91 million, a P/E ratio of -1.99 and a beta of 0.40. The company has a debt-to-equity ratio of 136.15, a current ratio of 0.96 and a quick ratio of 0.92.

Fluence Company Profile

Fluence Corporation Limited, together with its subsidiaries, provides water and wastewater treatment solutions for the municipal, commercial, and industrial markets worldwide. The company offers water products, such as decentralized water treatment, NIROBOX desalination building blocks, NIROFLEX smart packaged plants, ultrafiltration, and reverse osmosis systems.