Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Plug Power Inc’s current trading price is -74.88% away from its 52-week high, while its distance from the 52-week low is 49.22%. The stock’s price range over this period has fluctuated between $2.26 and $13.44. The company, operating within the financial sector, had a trading volume of approximately 10.75 million for the day, which was noticeably lower than the average daily share volume of 44.58 million over the last 3 months.
Plug Power Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $13.44 on 07/19/23, while the lowest value for the same period was recorded at $2.26 on 01/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Plug Power Inc (PLUG) has experienced a quarterly decline of -28.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.31B and boasts a workforce of 3868 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.96, with a change in price of -3.24. Similarly, Plug Power Inc recorded 43,332,512 in trading volume during the last 100 days, posting a change of -49.02%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PLUG stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.28.
PLUG Stock Stochastic Average
Today, Plug Power Inc’s raw stochastic average for the past 50 days stands at 35.82%, indicating a rise from the raw stochastic average of the last 20 days, which was 25.39%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 28.78% and 27.82% respectively.
PLUG Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -24.98% this year. Over the last six months, there has been a stronger performance of -55.40%. The price of PLUG leaped by -4.36% during the last 30 days period. For the last 5-days stocks have slided -1.00%.
