Plug Power Inc (NASDAQ: PLUG) on Monday, soared 20.10% from the previous trading day, before settling in for the closing price of $2.09. Within the past 52 weeks, PLUG’s price has moved between $1.60 and $6.95.
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A company in the Industrials sector has jumped its sales by 39.11% annually for the last half of the decade. The company achieved an average annual earnings per share of 47.74%. With a float of $819.21 million, this company’s outstanding shares have now reached $879.64 million.
In an organization with 3868 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -95.05%, operating margin of -165.97%, and the pretax margin is -217.59%.
Plug Power Inc (PLUG) Insider Updates
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Plug Power Inc is 6.87%, while institutional ownership is 49.29%. The most recent insider transaction that took place on Nov 01 ’24, was worth 19,600. Before that another transaction happened on Aug 01 ’24, when Company’s Director sold 10,000 for $2.37, making the entire transaction worth $23,719. This insider now owns 683,444 shares in total.
Plug Power Inc (PLUG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 47.74% per share during the next fiscal year.
Plug Power Inc (NASDAQ: PLUG) Trading Performance Indicators
Plug Power Inc (PLUG) is currently performing well based on its current performance indicators. A quick ratio of 0.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.35, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.56 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Let’s dig in a bit further. During the last 5-days, its volume was 61.7 million. That was better than the volume of 39.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 43.47%. Additionally, its Average True Range was 0.17.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 52.30%, which indicates a significant decrease from 95.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 107.31% in the past 14 days, which was higher than the 83.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.05, while its 200-day Moving Average is $2.78. However, in the short run, Plug Power Inc’s stock first resistance to watch stands at $2.67. Second resistance stands at $2.82. The third major resistance level sits at $3.11. If the price goes on to break the first support level at $2.23, it is likely to go to the next support level at $1.94. Assuming the price breaks the second support level, the third support level stands at $1.79.
Plug Power Inc (NASDAQ: PLUG) Key Stats
Market capitalization of the company is 2.35 billion based on 879,636K outstanding shares. Right now, sales total 891,340 K and income totals -1,369 M. The company made 143,350 K in profit during its latest quarter, and -262,330 K in sales during its previous quarter.
