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The price of Plug Power Inc (NASDAQ: PLUG) closed at $1.87 in the last session, down -5.08% from day before closing price of $1.97. In other words, the price has decreased by -$5.08 from its previous closing price. On the day, 59.18 million shares were traded. PLUG stock price reached its highest trading level at $2.02 during the session, while it also had its lowest trading level at $1.85.
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 0.95 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.23.
On April 05, 2024, Citigroup Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $2.
On February 06, 2024, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $4.50.Redburn Atlantic initiated its Neutral rating on February 06, 2024, with a $4.50 target price.
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 1703938432 and an Enterprise Value of 2538623232. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 3.849 whereas that against EBITDA is -2.568.
Stock Price History:
Over the past 52 weeks, PLUG has reached a high of $5.14, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -9.90%, while the 200-Day Moving Average is calculated to be -30.79%.
Shares Statistics:
According to the various share statistics, PLUG traded on average about 43.56M shares per day over the past 3-months and 77689000 shares per day over the past 10 days. A total of 911.20M shares are outstanding, with a floating share count of 848.66M. Insiders hold about 6.86% of the company’s shares, while institutions hold 51.12% stake in the company. Shares short for PLUG as of 1730332800 were 224225675 with a Short Ratio of 5.15, compared to 1727654400 on 253025627. Therefore, it implies a Short% of Shares Outstanding of 224225675 and a Short% of Float of 25.590000000000003.
