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 -63.81% away from its 52-week high, while its distance from the 52-week low is 16.25%. The stock’s price range over this period has fluctuated between $1.60 and $5.14. The company, operating within the financial sector, had a trading volume of approximately 68.61 million for the day, which was noticeably lower than the average daily share volume of 69.42 million over the last 3 months.
In terms of market performance, Plug Power Inc had a fairly uneven. The highest value for the stock in the past year was $5.14 on 02/01/24, and the lowest value was recorded at $1.60 on 09/06/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Plug Power Inc (PLUG) has experienced a quarterly decline of -12.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.69B 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 2.1968, with a change in price of +0.2500. Similarly, Plug Power Inc recorded 58,449,902 in trading volume during the last 100 days, posting a change of +15.53%.
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 0.31. Similarly, the long-term debt-to-equity ratio is also 0.23.
PLUG Stock Stochastic Average
Today’s raw stochastic average for Plug Power Inc over the last 50 days is 2.67%.This indicates a increase from the raw stochastic average of the past 20 days, which was 2.67%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 4.44% and 4.74%, respectively.
PLUG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -12.68%. However, over the past six months, we’ve seen a stronger performance of -24.70%. The price of PLUG leaped by -18.42% over the last 30 days. And in the last five days, it has fallen by -10.58%.
