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 $5.14 on 02/01/24, while the lowest value for the same duration was $1.60 on 09/06/24.
52-week price history of PLUG Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Plug Power Inc’s current trading price is -48.83% away from its 52-week high, while its distance from the 52-week low is 64.38%. The stock’s price range during this period has spanned from $1.60 to $5.14. In the Industrials sector, the Plug Power Inc’s shares surpassed a trading volume of approximately 96.01 million for the day, which was noticeably higher compared to the average daily volume of 9.56.63 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Plug Power Inc (PLUG) has experienced a quarterly rise of 27.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.71B 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 2.13, with a change in price of +0.68. Similarly, Plug Power Inc recorded 49,849,141 in trading volume during the last 100 days, posting a change of +34.87%.
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 0.23.
PLUG Stock Stochastic Average
Today, Plug Power Inc’s raw stochastic average for the past 50 days stands at 78.50%, indicating a rise from the raw stochastic average of the last 20 days, which was 71.25%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 43.75% and 31.50% respectively.
PLUG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 23.47% this year. Over the last six months, there has been a weaker performance of 1.54%. The price of PLUG fallen by 30.20% during the last 30 days period. For the last 5-days stocks have improved 10.50%.
