The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -46.00%.However, over the last six months, we can see a stronger performance of -10.00%. Over the last 30 days, the price of PLUG has fallen by 23.35%. And in the last five days, it has surged by 2.10%.
Plug Power Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $5.14 on 02/01/24 and the lowest value was $1.60 on 09/06/24.
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 -52.72% away from its 52-week high, while its distance from the 52-week low is 51.88%. The stock’s price range during this period has varied between$1.60 and $5.14. The Plug Power Inc’s shares, which operate in the Industrials, saw a trading volume of around 31.01 million for the day, a figure considerably lower than their average daily volume of 55.36 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Plug Power Inc (PLUG) has experienced a quarterly rise of 23.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.24B 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 2.11, with a change in price of unch. Similarly, Plug Power Inc recorded 48,235,023 in trading volume during the last 100 days, posting a change of unch.
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 0.31. Similarly, the long-term debt-to-equity ratio is also 0.23.
PLUG Stock Stochastic Average
Plug Power Inc’s raw stochastic average for the past 50 days is presently 59.81%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 58.65%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 59.94% and 64.80%, respectively.
