Plug Power Inc (NASDAQ: PLUG) on Monday, soared 2.68% from the previous trading day, before settling in for the closing price of $2.24. Within the past 52 weeks, PLUG’s price has moved between $1.60 and $5.14.
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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 46.57%. With a float of $847.31 million, this company’s outstanding shares have now reached $880.45 million.
In an organization with 3868 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -92.89%, operating margin of -164.91%, and the pretax margin is -214.14%.
Plug Power Inc (PLUG) Insider and Institutional Ownership
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Plug Power Inc is 7.01%, while institutional ownership is 51.11%. The most recent insider transaction that took place on Nov 01 ’24, was worth 20,916. In this transaction Director of this company sold 10,000 shares at a rate of $2.09, taking the stock ownership to the 684,782 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 10,000 for $1.96, making the entire transaction worth $19,600.
Plug Power Inc (PLUG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 46.57% 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 0.95 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 3.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.12, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.62 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 66.91 million. That was better than the volume of 42.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.30%. Additionally, its Average True Range was 0.19.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 40.23%, which indicates a significant decrease from 78.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.00% in the past 14 days, which was lower than the 93.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.10, while its 200-day Moving Average is $2.59. However, in the short run, Plug Power Inc’s stock first resistance to watch stands at $2.41. Second resistance stands at $2.53. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.21, it is likely to go to the next support level at $2.13. The third support level lies at $2.01 if the price breaches the second support level.
Plug Power Inc (NASDAQ: PLUG) Key Stats
Market capitalization of the company is 2.20 billion based on 911,197K outstanding shares. Right now, sales total 891,340 K and income totals -1,369 M. The company made 173,730 K in profit during its latest quarter, and -211,170 K in sales during its previous quarter.
