Nikolaus Oldendorff Purchases 1,757,883 Shares of Fluence Co. Limited (ASX:FLC) Stock

Fluence Co. Limited (ASX:FLC) insider Nikolaus Oldendorff purchased 1,757,883 shares of the business’s stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average cost of A$0.04 ($0.03) per share, for a total transaction of A$75,588.97 ($48,767.08).

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

• On Monday, May 12th, Nikolaus Oldendorff purchased 2,000,001 shares of Fluence stock. The shares were purchased 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 Wednesday, May 14th, Nikolaus Oldendorff bought 3,000,000 shares of Fluence stock. The shares were purchased at an average cost of A$0.04 ($0.03) per share, with a total value of A$123,000.00 ($79,354.84).

Fluence Price Performance

The company 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 quick ratio of 0.92 and a current ratio of 0.96.

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.