A look at Plug Power Inc’s (PLUG) recent performance gives investors their first glimpse of hope.

Plug Power Inc (NASDAQ: PLUG) kicked off on Monday, down -6.83% from the previous trading day, before settling in for the closing price of $1.61. Over the past 52 weeks, PLUG has traded in a range of $1.52-$4.90.

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Industrials Sector giant saw their annual sales surged by 40.97% over the last five years. While this was happening, its average annual earnings per share was recorded 50.00%. With a float of $870.92 million, this company’s outstanding shares have now reached $880.45 million.

The firm has a total of 3868 workers. Let’s measure their productivity. 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

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 6.77%, while institutional ownership is 50.18%. 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 -0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 50.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.27% 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 2.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.12, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.42 in one year’s time.

Technical Analysis of Plug Power Inc (PLUG)

Analysing the last 5-days average volume posted by the [Plug Power Inc, PLUG], we can find that recorded value of 60.4 million was lower than the volume posted last year of 68.12 million. As of the previous 9 days, the stock’s Stochastic %D was 24.48%. Additionally, its Average True Range was 0.15.

During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 2.67%, which indicates a significant decrease from 12.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.92% in the past 14 days, which was lower than the 104.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.1176, while its 200-day Moving Average is $2.3014. Now, the first resistance to watch is $1.6100. This is followed by the second major resistance level at $1.7200. The third major resistance level sits at $1.8000. If the price goes on to break the first support level at $1.4200, it is likely to go to the next support level at $1.3400. Should the price break the second support level, the third support level stands at $1.2300.

Plug Power Inc (NASDAQ: PLUG) Key Stats

The company with the Market Capitalisation of 1.40 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.