logo

Plug Power Inc Inc. (PLUG) Price Performance: A Technical Analysis Perspective

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -35.03%. However, over the past six months, we’ve seen a stronger performance of -61.22%. The price of PLUG leaped by -12.98% over the last 30 days. And in the last five days, it has fallen by -6.89%.

In terms of market performance, Plug Power Inc had a fairly uneven. The highest value for the stock in the past year was $13.44 on 07/19/23, and the lowest value was recorded at $2.26 on 01/18/24.

52-week price history of PLUG Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Plug Power Inc’s current trading price is -78.25% away from its 52-week high, while its distance from the 52-week low is 29.23%. The stock’s price range during this period has varied between$2.26 and $13.44. The Plug Power Inc’s shares, which operate in the Industrials, saw a trading volume of around 10.32 million for the day, a figure considerably lower than their average daily volume of 43.86 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Plug Power Inc (PLUG) has experienced a quarterly decline of -21.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.00B and boasts a workforce of 3868 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.80, with a change in price of -1.29. Similarly, Plug Power Inc recorded 39,824,254 in trading volume during the last 100 days, posting a change of -30.98%.

PLUG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Plug Power Inc’s raw stochastic average for the past 50 days is presently 2.38%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 1.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 6.77% and 14.87%, respectively.

Most Popular