Can Plug Power Inc’s (PLUG) drop of -4.35% in a week be considered a lucky break?

Plug Power Inc (NASDAQ: PLUG) kicked off on Friday, remained unchanged from the previous trading day, before settling in for the closing price of $1.76. Over the past 52 weeks, PLUG has traded in a range of $1.57-$4.90.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 40.97%. While this was happening, its average annual earnings per share was recorded 46.03%. With a float of $870.75 million, this company’s outstanding shares have now reached $880.45 million.

The extent of productivity of a business whose workforce counts for 3868 workers is very important to gauge. 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

Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Plug Power Inc is 6.79%, while institutional ownership is 50.19%. 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

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

Take a look at Plug Power Inc’s (PLUG) current performance indicators. Last quarter, 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 2.49.

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)

The latest stats from [Plug Power Inc, PLUG] show that its last 5-days average volume of 54.41 million was inferior to 70.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.18.

During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 10.86%, which indicates a significant decrease from 41.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.50% in the past 14 days, which was lower than the 106.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.2650, while its 200-day Moving Average is $2.3480. Now, the first resistance to watch is $1.8067. This is followed by the second major resistance level at $1.8533. The third major resistance level sits at $1.9067. If the price goes on to break the first support level at $1.7067, it is likely to go to the next support level at $1.6533. The third support level lies at $1.6067 if the price breaches the second support level.

Plug Power Inc (NASDAQ: PLUG) Key Stats

The company with the Market Capitalisation of 1.64 billion has total of 911,197K Shares Outstanding. Its annual sales at the moment are 891,340 K in contrast with the sum of -1,369 M annual income. Company’s last quarter sales were recorded 173,730 K and last quarter income was -211,170 K.