On Monday, Plug Power Inc (NASDAQ: PLUG) opened lower -6.19% from the last session, before settling in for the closing price of $1.13. Price fluctuations for PLUG have ranged from $1.08 to $4.90 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 26.89% over the past five years. Company’s average yearly earnings per share was noted 76.24% at the time writing. With a float of $907.60 million, this company’s outstanding shares have now reached $913.90 million.
Let’s look at the performance matrix of the company that is accounted for 3224 employees. 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
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Plug Power Inc is 6.60%, while institutional ownership is 48.27%. 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 -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 76.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 51.14% 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
Check out the current performance indicators for Plug Power Inc (PLUG). In the past quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.43 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Plug Power Inc (NASDAQ: PLUG) saw its 5-day average volume 40.99 million, a negative change from its year-to-date volume of 63.14 million. As of the previous 9 days, the stock’s Stochastic %D was 11.23%. Additionally, its Average True Range was 0.12.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 0.44%, which indicates a significant decrease from 1.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.96% in the past 14 days, which was lower than the 92.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5641, while its 200-day Moving Average is $2.0694. Nevertheless, the first resistance level for the watch stands at $1.1367 in the near term. At $1.2133, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2567. If the price goes on to break the first support level at $1.0167, it is likely to go to the next support level at $0.9733. The third support level lies at $0.8967 if the price breaches the second support level.
Plug Power Inc (NASDAQ: PLUG) Key Stats
There are currently 925,178K shares outstanding in the company with a market cap of 1.03 billion. Presently, the company’s annual sales total 628,810 K according to its annual income of -2,105 M. Last quarter, the company’s sales amounted to 191,470 K and its income totaled -1,335 M.
