|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||81.05 - 81.69|
|52 Week Range||63.52 - 88.64|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||18.65|
|Forward Dividend & Yield||2.11 (2.40%)|
|Ex-Dividend Date||Feb. 04, 2021|
|1y Target Est||105.27|
The CEO of industrial giant Siemens threw cold water on the prospects for the hydrogen economy this week.
Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany's Siemens AG and U.S.-based AES Corp, says it is looking to offer 31 million shares priced between $21 and $24 apiece.
The company, a joint venture between Germany's Siemens AG and U.S.-based AES Corp, says it is looking to offer 31 million shares priced between $21 and $24 apiece. At the top end of that range, the IPO would fetch $744 million in proceeds. Arlington, Virginia-based Fluence serves major utilities, developers, as well as commercial and industrial businesses, promising increased efficiency through its digital platform designed for renewables.