Plug Power Inc (NASDAQ: PLUG) on Monday, soared 5.01% from the previous trading day, before settling in for the closing price of $0.86. Within the past 52 weeks, PLUG’s price has moved between $0.76 and $4.90.
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Annual sales at Industrials sector company grew by 26.89% over the past five years. The company achieved an average annual earnings per share of 76.97%. With a float of $956.05 million, this company’s outstanding shares have now reached $1.02 billion.
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 Updates
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Plug Power Inc is 6.54%, while institutional ownership is 46.52%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 76.97% 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
Plug Power Inc (PLUG) is currently performing well based on its current performance indicators. A quick ratio of 1.06 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.41 in one year’s time.
Technical Analysis of Plug Power Inc (PLUG)
Plug Power Inc (NASDAQ: PLUG) saw its 5-day average volume 114.74 million, a positive change from its year-to-date volume of 75.46 million. As of the previous 9 days, the stock’s Stochastic %D was 42.80%. Additionally, its Average True Range was 0.10.
During the past 100 days, Plug Power Inc’s (PLUG) raw stochastic average was set at 5.61%, which indicates a significant decrease from 32.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.01% in the past 14 days, which was higher than the 96.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2344, while its 200-day Moving Average is $1.8981. Nevertheless, the first resistance level for the watch stands at $0.9405 in the near term. At $0.9775, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0169. If the price goes on to break the first support level at $0.8641, it is likely to go to the next support level at $0.8247. Assuming the price breaks the second support level, the third support level stands at $0.7877.
Plug Power Inc (NASDAQ: PLUG) Key Stats
Market capitalization of the company is 924.30 million based on 1,022,915K outstanding shares. Right now, sales total 628,810 K and income totals -2,105 M. The company made 191,470 K in profit during its latest quarter, and -1,335 M in sales during its previous quarter.
