Plug Power Inc (NASDAQ: PLUG) kicked off on Friday, up 1.26% from the previous trading day, before settling in for the closing price of $2.38. Over the past 52 weeks, PLUG has traded in a range of $2.25-$13.44.
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
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 39.11%. While this was happening, its average annual earnings per share was recorded 54.91%. With a float of $624.05 million, this company’s outstanding shares have now reached $684.25 million.
The extent of productivity of a business whose workforce counts for 3868 workers is very important to gauge.
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 45.04%. 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
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported -0.35 earnings per share (EPS), lower than consensus estimate (set at -0.26) by -0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.91% 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 1.85.
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)
The latest stats from [Plug Power Inc, PLUG] show that its last 5-days average volume of 27.62 million was inferior to 40.2 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 16.68%. Additionally, its Average True Range was 0.21.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 5.54%, which indicates a significant decrease from 14.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.74% in the past 14 days, which was lower than the 102.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.26, while its 200-day Moving Average is $5.77. Now, the first resistance to watch is $2.44. This is followed by the second major resistance level at $2.47. The third major resistance level sits at $2.50. If the price goes on to break the first support level at $2.38, it is likely to go to the next support level at $2.35. The third support level lies at $2.32 if the price breaches the second support level.
Plug Power Inc (NASDAQ: PLUG) Key Stats
The company with the Market Capitalisation of 1.65 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.
