The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Plug Power Inc’s stock clocked out at $2.64, down -2.58% from its previous closing price of $2.71. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 26.72 million shares were traded. PLUG stock price reached its highest trading level at $2.77 during the session, while it also had its lowest trading level at $2.6.
Ratios:
To gain a deeper understanding of PLUG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.28.
On February 06, 2024, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $4.50.
UBS Downgraded its Buy to Neutral on February 06, 2024, while the target price for the stock was maintained at $4.75.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 02 ’23 when Crespo Jose Luis sold 31,958 shares for $7.20 per share. The transaction valued at 230,098 led to the insider holds 250,609 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLUG now has a Market Capitalization of 1837886336 and an Enterprise Value of 2640250368. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 2.962 whereas that against EBITDA is -2.714.
Stock Price History:
Over the past 52 weeks, PLUG has reached a high of $13.44, while it has fallen to a 52-week low of $2.25. The 50-Day Moving Average of the stock is -15.75%, while the 200-Day Moving Average is calculated to be -51.72%.
Shares Statistics:
It appears that PLUG traded 32.80M shares on average per day over the past three months and 32578720 shares per day over the past ten days. A total of 696.17M shares are outstanding, with a floating share count of 634.92M. Insiders hold about 8.80% of the company’s shares, while institutions hold 44.36% stake in the company. Shares short for PLUG as of 1713139200 were 185356275 with a Short Ratio of 5.65, compared to 1710460800 on 172194529. Therefore, it implies a Short% of Shares Outstanding of 185356275 and a Short% of Float of 26.75.
