Plug Power Inc (NASDAQ: PLUG) on Monday, plunged -6.52% from the previous trading day, before settling in for the closing price of $1.84. Within the past 52 weeks, PLUG’s price has moved between $1.60 and $4.90.
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Annual sales at Industrials sector company grew by 40.97% over the past five years. The company achieved an average annual earnings per share of 46.03%. With a float of $849.38 million, this company’s outstanding shares have now reached $880.45 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Plug Power Inc is 6.78%, while institutional ownership is 51.22%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.03% during the next five years compared to -45.13% drop over the previous five years of trading.
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 2.38.
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)
Plug Power Inc (NASDAQ: PLUG) saw its 5-day average volume 58.15 million, a negative change from its year-to-date volume of 73.97 million. As of the previous 9 days, the stock’s Stochastic %D was 34.20%. Additionally, its Average True Range was 0.20.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 4.19%, which indicates a significant decrease from 11.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.45% in the past 14 days, which was lower than the 106.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3040, while its 200-day Moving Average is $2.3621. Nevertheless, the first resistance level for the watch stands at $1.8367 in the near term. At $1.9533, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0467. If the price goes on to break the first support level at $1.6267, it is likely to go to the next support level at $1.5333. Assuming the price breaks the second support level, the third support level stands at $1.4167.
Plug Power Inc (NASDAQ: PLUG) Key Stats
Market capitalization of the company is 1.57 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.
