Plug Power Inc (NASDAQ: PLUG) kicked off on Friday, down -5.17% from the previous trading day, before settling in for the closing price of $2.71. Over the past 52 weeks, PLUG has traded in a range of $2.26-$13.44.
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Annual sales at Industrials sector company grew by 39.11% over the past five years. While this was happening, its average annual earnings per share was recorded 54.93%. With a float of $624.05 million, this company’s outstanding shares have now reached $684.25 million.
Let’s look at the performance matrix of the company that is accounted for 3868 employees.
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 8.80%, while institutional ownership is 44.92%. The most recent insider transaction that took place on Oct 02 ’23, was worth 230,098. In this transaction GM, MATL Handling, Key Accts of this company sold 31,958 shares at a rate of $7.20, taking the stock ownership to the 250,609 shares.
Plug Power Inc (PLUG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.93% 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 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.28, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -0.54 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Plug Power Inc (NASDAQ: PLUG) saw its 5-day average volume 25.15 million, a negative change from its year-to-date volume of 41.02 million. As of the previous 9 days, the stock’s Stochastic %D was 9.31%. Additionally, its Average True Range was 0.23.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 10.69%, which indicates a significant increase from 3.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.14% in the past 14 days, which was lower than the 104.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.44, while its 200-day Moving Average is $5.98. Nevertheless, the first resistance level for the watch stands at $2.69 in the near term. At $2.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.88. If the price goes on to break the first support level at $2.50, it is likely to go to the next support level at $2.42. The third support level lies at $2.31 if the price breaches the second support level.
Plug Power Inc (NASDAQ: PLUG) Key Stats
The company with the Market Capitalisation of 1.76 billion has total of 684,255K Shares Outstanding. Its annual sales at the moment are 891,340 K in contrast with the sum of -1,369 M annual income. Company’s last quarter sales were recorded 222,160 K and last quarter income was -642,400 K.
