A new trading day began on Monday, with Plug Power Inc (NASDAQ: PLUG) stock price down -6.25% from the previous day of trading, before settling in for the closing price of $2.08. PLUG’s price has ranged from $1.60 to $5.14 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 40.97%. Meanwhile, its annual earnings per share averaged 46.03%. With a float of $849.44 million, this company’s outstanding shares have now reached $880.45 million.
Let’s determine the extent of company efficiency that accounts for 3868 employees. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Plug Power Inc is 6.78%, while institutional ownership is 50.98%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.03% per share during the next fiscal year.
Plug Power Inc (NASDAQ: PLUG) Trading Performance Indicators
Here are Plug Power Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.12, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Looking closely at Plug Power Inc (NASDAQ: PLUG), its last 5-days average volume was 77.19 million, which is a drop from its year-to-date volume of 81.81 million. As of the previous 9 days, the stock’s Stochastic %D was 8.38%. Additionally, its Average True Range was 0.27.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 20.35%, which indicates a significant increase from 3.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.24% in the past 14 days, which was higher than the 107.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.32, while its 200-day Moving Average is $2.41. However, in the short run, Plug Power Inc’s stock first resistance to watch stands at $2.02. Second resistance stands at $2.10. The third major resistance level sits at $2.16. If the price goes on to break the first support level at $1.89, it is likely to go to the next support level at $1.83. Should the price break the second support level, the third support level stands at $1.75.
Plug Power Inc (NASDAQ: PLUG) Key Stats
With a market capitalization of 1.78 billion, the company has a total of 911,197K Shares Outstanding. Currently, annual sales are 891,340 K while annual income is -1,369 M. The company’s previous quarter sales were 173,730 K while its latest quarter income was -211,170 K.
