Plug Power Inc. (NASDAQ: PLUG) kicked off on May 19, 2023, at the price of $7.96, down -1.78% from the previous trading day. During the day, the shares moved up to $8.10 and dropped to $7.67 before settling in for the closing price of $7.87. Over the past 52 weeks, PLUG has traded in a range of $7.39-$31.56.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Industrials sector company grew by 47.60% over the past five years. While this was happening, its average annual earnings per share was recorded -51.60%. With a float of $523.56 million, this company’s outstanding shares have now reached $589.21 million.
Let’s look at the performance matrix of the company that is accounted for 3353 employees. In terms of profitability, gross margin is -27.71, operating margin of -93.79, and the pretax margin is -103.10.
Plug Power Inc. (PLUG) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Plug Power Inc. is 0.80%, while institutional ownership is 59.70%.
Plug Power Inc. (PLUG) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported -$0.35 earnings per share (EPS), lower than consensus estimate (set at -$0.26) by -$0.09. This company achieved a net margin of -103.22 while generating a return on equity of -16.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -51.60% per share during the next fiscal year.
Plug Power Inc. (NASDAQ: PLUG) Trading Performance Indicators
Take a look at Plug Power Inc.’s (PLUG) current performance indicators. Last quarter, stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of Plug Power Inc. (PLUG)
Plug Power Inc. (NASDAQ: PLUG) saw its 5-day average volume 21.06 million, a positive change from its year-to-date volume of 19.36 million. As of the previous 9 days, the stock’s Stochastic %D was 25.61%. Additionally, its Average True Range was 0.55.
During the past 100 days, Plug Power Inc.’s (PLUG) raw stochastic average was set at 2.96%, which indicates a significant decrease from 16.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.28% in the past 14 days, which was higher than the 68.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.69, while its 200-day Moving Average is $16.44. Nevertheless, the first resistance level for the watch stands at $8.00 in the near term. At $8.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.43. If the price goes on to break the first support level at $7.57, it is likely to go to the next support level at $7.40. The third support level lies at $7.14 if the price breaches the second support level.
Plug Power Inc. (NASDAQ: PLUG) Key Stats
The company with the Market Capitalisation of 4.73 billion has total of 600,537K Shares Outstanding. Its annual sales at the moment are 701,440 K in contrast with the sum of -724,010 K annual income. Company’s last quarter sales were recorded 210,290 K and last quarter income was -206,560 K.
