A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -40.63%. However, over the past six months, we’ve seen a stronger performance of -25.78%. The price of PLUG fallen by 1.79% over the last 30 days. And in the last five days, it has fallen by -22.55%.
The stock price for Plug Power Inc (PLUG) currently stands at $1.42. The stock experienced a substantial increase in the last session, hitting $5.0 after starting at $1.43. The stock’s lowest price was $0.55 before closing at $1.5.
Plug Power Inc experienced a rather shaky stock market performance.
52-week price history of PLUG Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Plug Power Inc’s current trading price is -57.08% away from its 52-week high, while its distance from the 52-week low is 106.52%. The stock’s price range during this time has been between $0.69 and $3.32. The trading volume for the Industrials sector company’s shares reached about 31.91 million for the day, which was lower than the average daily volume of 114.94 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Plug Power Inc (PLUG) has experienced a quarterly rise of 67.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.63B and boasts a workforce of 3224 employees.
Plug Power Inc: Analysts’ Ratings Unveiled
As of right now, 5 analysts are rating Plug Power Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 4 analysts are rating the stock as SELL.
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 1.2229, with a change in price of -0.2800. Similarly, Plug Power Inc recorded 100,073,078 in trading volume during the last 100 days, posting a change of -16.37%.
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 0.53. Similarly, the long-term debt-to-equity ratio is also 0.41.
PLUG Stock Stochastic Average
Today’s raw stochastic average for Plug Power Inc over the last 50 days is 53.44%.This indicates a increase from the raw stochastic average of the past 20 days, which was 11.76%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 21.08% and 31.54%, respectively.