On Friday, Plug Power Inc (NASDAQ: PLUG) trading session started at the price of On Friday, that was -4.93% down from the session before settling in for the closing price of $2.84. A 52-week range for PLUG has been $2.25 – $13.44.
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Industrials Sector giant saw their annual sales surged by 39.11% over the last five years. When this article was written, the company’s average yearly earnings per share was at 46.85%. With a float of $682.05 million, this company’s outstanding shares have now reached $742.56 million.
The firm has a total of 3868 workers. Let’s measure their productivity.
Plug Power Inc (PLUG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Plug Power Inc stocks. The insider ownership of Plug Power Inc is 8.15%, while institutional ownership is 41.76%. The most recent insider transaction that took place on May 10 ’24, was worth 25,576. In this transaction Director of this company sold 10,000 shares at a rate of $2.56, taking the stock ownership to the 639,572 shares. Before that another transaction happened on Oct 02 ’23, when Company’s GM, MATL Handling, Key Accts sold 31,958 for $7.20, making the entire transaction worth $230,098. This insider now owns 250,609 shares in total.
Plug Power Inc (PLUG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 46.85% per share during the next fiscal year.
Plug Power Inc (NASDAQ: PLUG) Trading Performance Indicators
You can see what Plug Power Inc (PLUG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.39, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -0.57 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Analysing the last 5-days average volume posted by the [Plug Power Inc, PLUG], we can find that recorded value of 23.79 million was lower than the volume posted last year of 39.98 million. As of the previous 9 days, the stock’s Stochastic %D was 6.42%. Additionally, its Average True Range was 0.25.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 15.57%, which indicates a significant increase from 1.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.78% in the past 14 days, which was lower than the 91.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.90, while its 200-day Moving Average is $4.47. Now, the first resistance to watch is $2.80. This is followed by the second major resistance level at $2.89. The third major resistance level sits at $2.95. If the price goes on to break the first support level at $2.65, it is likely to go to the next support level at $2.59. Should the price break the second support level, the third support level stands at $2.50.
Plug Power Inc (NASDAQ: PLUG) Key Stats
There are 742,559K outstanding shares of the company, which has a market capitalization of 2.00 billion. As of now, sales total 891,340 K while income totals -1,369 M. Its latest quarter income was 120,260 K while its last quarter net income were -295,780 K.
