Nikolaus Oldendorff Purchases 3,000,000 Shares of Fluence Co. Limited (ASX:FLC) Stock

Fluence Co. Limited (ASX:FLC) insider Nikolaus Oldendorff acquired 3,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 14th. The stock was purchased at an average cost of A$0.04 ($0.03) per share, for a total transaction 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 shares were acquired at an average price 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 purchased 1,757,883 shares of Fluence stock. The shares were 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 Stock Performance

The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 136.15. The firm has a market capitalization of $44.91 million, a price-to-earnings ratio of -1.99 and a beta of 0.40.

About Fluence

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.