Plug Power Inc (PLUG) EPS growth this year is 55.00%: Get Prepared for Trading Lift Off

Witnessing the stock’s movement on the chart, on Wednesday, Plug Power Inc (NASDAQ: PLUG) had a quiet start as it plunged -5.54% to $3.07, before settling in for the price of $3.25 at the close. Taking a more long-term approach, PLUG posted a 52-week range of $2.26-$13.44.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 39.11%. Meanwhile, its Annual Earning per share during the time was -45.13%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 55.00%. This publicly-traded company’s shares outstanding now amounts to $684.25 million, simultaneously with a float of $616.23 million. The organization now has a market capitalization sitting at $2.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.67, while the 200-day Moving Average is $6.23.

Plug Power Inc (PLUG) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Electrical Equipment & Parts industry. Plug Power Inc’s current insider ownership accounts for 9.94%, in contrast to 44.88% institutional ownership. According to the most recent insider trade that took place on Oct 02 ’23, this organization’s GM, MATL Handling, Key Accts sold 31,958 shares at the rate of 7.20, making the entire transaction reach 230,098 in total value, affecting insider ownership by 250,609.

Plug Power Inc (PLUG) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$1.08 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.44) by -$0.64. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.

Plug Power Inc’s EPS increase for this current 12-month fiscal period is 55.00% and is forecasted to reach -0.55 in the upcoming year.

Plug Power Inc (NASDAQ: PLUG) Trading Performance Indicators

Let’s observe the current performance indicators for Plug Power Inc (PLUG). It’s Quick Ratio in the last reported quarter now stands at 0.86. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.36.

In the same vein, PLUG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.28, a figure that is expected to reach -0.33 in the next quarter, and analysts are predicting that it will be -0.55 at the market close of one year from today.

Technical Analysis of Plug Power Inc (PLUG)

Going through the that latest performance of [Plug Power Inc, PLUG]. Its last 5-days volume of 25.38 million was inferior to the volume of 42.72 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 29.43% While, its Average True Range was 0.24.

Raw Stochastic average of Plug Power Inc (PLUG) in the period of the previous 100 days is set at 28.06%, which indicates a major rise in contrast to 11.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 62.78% that was lower than 105.45% volatility it exhibited in the past 100-days period.