On Monday, Plug Power Inc (NASDAQ: PLUG) was -12.41% drop from the session before settling in for the closing price of $0.90. A 52-week range for PLUG has been $0.87 – $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. When this article was written, the company’s average yearly earnings per share was at 76.32%. With a float of $907.60 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Plug Power Inc stocks. The insider ownership of Plug Power Inc is 6.60%, while institutional ownership is 48.43%. 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 76.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 51.03% 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
You can see what Plug Power Inc (PLUG) is doing with its current performance indicators. In the most recent 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 1.22.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 110.75 million. That was better than the volume of 66.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.95%. Additionally, its Average True Range was 0.12.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 1.12%, which indicates a significant decrease from 4.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.42% in the past 14 days, which was lower than the 95.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4849, while its 200-day Moving Average is $2.0407. However, in the short run, Plug Power Inc’s stock first resistance to watch stands at $0.8764. Second resistance stands at $0.9642. The third major resistance level sits at $1.0224. If the price goes on to break the first support level at $0.7304, it is likely to go to the next support level at $0.6722. The third support level lies at $0.5844 if the price breaches the second support level.
Plug Power Inc (NASDAQ: PLUG) Key Stats
There are 925,178K outstanding shares of the company, which has a market capitalization of 766.27 million. As of now, sales total 628,810 K while income totals -2,105 M. Its latest quarter income was 191,470 K while its last quarter net income were -1,335 M.
