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Plug Power Inc’s Shares Reel: -37.11% Quarterly Revenue Decline Amid 1.78B Market Cap

The market performance of Plug Power Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $7.90 on 10/17/23, while the lowest value for the same duration was $1.60 on 09/06/24.

52-week price history of PLUG Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Plug Power Inc’s current trading price is -74.45% away from its 52-week high, while its distance from the 52-week low is 26.17%. The stock’s price range during the 52-week period has remained between $1.60 and $7.90. In the Industrials sector, the company’s shares saw a trading volume of around 10.22 million for the day, which was evidently lower than the average daily volume of 39.42 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Plug Power Inc (PLUG) has experienced a quarterly decline of -37.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.78B and boasts a workforce of 3868 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.4036, with a change in price of -1.1915. Similarly, Plug Power Inc recorded 36,708,340 in trading volume during the last 100 days, posting a change of -37.23%.

Examining PLUG’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PLUG stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.25.

PLUG Stock Stochastic Average

Plug Power Inc’s raw stochastic average for the past 50 days is presently 54.47%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 32.21%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.67% and 43.53%, respectively.

PLUG Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -55.14%. However, over the past six months, we’ve seen a stronger performance of -30.15%. The price of PLUG fallen by 4.06% over the last 30 days. And in the last five days, it has fallen by -6.10%.

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