Plug Power Inc (NASDAQ: PLUG) kicked off on Tuesday, down -2.34% from the previous trading day, before settling in for the closing price of $1.71. Over the past 52 weeks, PLUG has traded in a range of $1.37-$4.90.
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A company in the Industrials sector has jumped its sales by 26.89% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 75.41%. With a float of $862.57 million, this company’s outstanding shares have now reached $913.90 million.
In an organization with 3224 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -99.38%, operating margin of -321.68%, and the pretax margin is -335.17%.
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 6.77%, while institutional ownership is 50.65%. 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 75.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 49.41% during the next five years compared to -49.35% 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 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.45 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 66.87 million. That was inferior than the volume of 68.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.55%. Additionally, its Average True Range was 0.16.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 15.38%, which indicates a significant decrease from 68.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.32% in the past 14 days, which was lower than the 104.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0322, while its 200-day Moving Average is $2.2529. However, in the short run, Plug Power Inc’s stock first resistance to watch stands at $1.7567. Second resistance stands at $1.8433. The third major resistance level sits at $1.9267. If the price goes on to break the first support level at $1.5867, it is likely to go to the next support level at $1.5033. The third support level lies at $1.4167 if the price breaches the second support level.
Plug Power Inc (NASDAQ: PLUG) Key Stats
The company with the Market Capitalisation of 1.55 billion has total of 925,178K Shares Outstanding. Its annual sales at the moment are 628,810 K in contrast with the sum of -2,105 M annual income. Company’s last quarter sales were recorded 191,470 K and last quarter income was -1,335 M.
