On Monday, Plug Power Inc (NASDAQ: PLUG) was -5.74% drop from the session before settling in for the closing price of $0.84. A 52-week range for PLUG has been $0.76 – $4.90.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 26.89%. When this article was written, the company’s average yearly earnings per share was at 76.48%. With a float of $956.02 million, this company’s outstanding shares have now reached $1.02 billion.
Considering the fact that the conglomerate employs 3224 people, you should pay attention to its efficiency factor. 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 Activity
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 6.54%, while institutional ownership is 46.12%. 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 -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 76.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 50.81% 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 1.29.
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 -0.42 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Compared to the last year’s volume of 73.12 million, its volume of 141.12 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.27%. Additionally, its Average True Range was 0.11.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 1.36%, which indicates a significant decrease from 8.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 137.40% in the past 14 days, which was higher than the 96.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3124, while its 200-day Moving Average is $1.9415. Nevertheless, the first resistance level for the watch stands at $0.8271 in the near term. At $0.8596, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8791. If the price goes on to break the first support level at $0.7751, it is likely to go to the next support level at $0.7556. Should the price break the second support level, the third support level stands at $0.7231.
Plug Power Inc (NASDAQ: PLUG) Key Stats
There are 1,022,915K outstanding shares of the company, which has a market capitalization of 812.91 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.
