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The price of Plug Power Inc (NASDAQ: PLUG) closed at $0.84 in the last session, down -1.01% from day before closing price of $0.85. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 102.49 million shares were traded. PLUG stock price reached its highest trading level at $0.8794 during the session, while it also had its lowest trading level at $0.832.
Ratios:
We take a closer look at PLUG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.49.
Citigroup Downgraded its Neutral to Sell on April 05, 2024, while the target price for the stock was maintained at $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 01 ’24 when MCNAMEE GEORGE C sold 10,000 shares for $2.09 per share. The transaction valued at 20,916 led to the insider holds 684,782 shares of the business.
MSSB C/FGEORGE C MCNAMEEIRA RO bought 10,000 shares of PLUG for $19,600 on Nov 01 ’24. On Aug 01 ’24, another insider, MCNAMEE GEORGE C, who serves as the Director of the company, sold 10,000 shares for $2.37 each. As a result, the insider received 23,719 and left with 683,444 shares of the company.
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 862415424 and an Enterprise Value of 1726579584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 2.746 whereas that against EBITDA is -1.673.
Stock Price History:
The Beta on a monthly basis for PLUG is 2.21, which has changed by -0.6900369 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, PLUG has reached a high of $4.90, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -36.59%, while the 200-Day Moving Average is calculated to be -56.83%.
Shares Statistics:
According to the various share statistics, PLUG traded on average about 70.74M shares per day over the past 3-months and 125152610 shares per day over the past 10 days. A total of 977.35M shares are outstanding, with a floating share count of 956.02M. Insiders hold about 6.60% of the company’s shares, while institutions hold 48.27% stake in the company. Shares short for PLUG as of 1744675200 were 263642469 with a Short Ratio of 3.73, compared to 1741910400 on 282337541. Therefore, it implies a Short% of Shares Outstanding of 263642469 and a Short% of Float of 27.07.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
