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In the latest session, Plug Power Inc (NASDAQ: PLUG) closed at $1.88 down -3.09% from its previous closing price of $1.94. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 33.47 million shares were traded. PLUG stock price reached its highest trading level at $1.99 during the session, while it also had its lowest trading level at $1.86.
Ratios:
For a deeper understanding of Plug Power Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.25.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 01 ’24 when MCNAMEE GEORGE C sold 10,000 shares for $2.37 per share. The transaction valued at 23,719 led to the insider holds 683,444 shares of the business.
MSSB C/FGEORGE C MCNAMEEIRA RO bought 10,000 shares of PLUG for $24,700 on Aug 01 ’24. On May 10 ’24, another insider, MCNAMEE GEORGE C, who serves as the Director of the company, sold 10,000 shares for $2.56 each. As a result, the insider received 25,576 and left with 639,572 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 1653715584 and an Enterprise Value of 2507403776. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 3.663 whereas that against EBITDA is -2.39.
Stock Price History:
Over the past 52 weeks, PLUG has reached a high of $8.93, while it has fallen to a 52-week low of $1.91. The 50-Day Moving Average of the stock is -21.34%, while the 200-Day Moving Average is calculated to be -41.94%.
Shares Statistics:
For the past three months, PLUG has traded an average of 36.77M shares per day and 29915830 over the past ten days. A total of 879.64M shares are outstanding, with a floating share count of 814.85M. Insiders hold about 7.37% of the company’s shares, while institutions hold 41.20% stake in the company. Shares short for PLUG as of 1723680000 were 229502997 with a Short Ratio of 6.24, compared to 1721001600 on 222026149. Therefore, it implies a Short% of Shares Outstanding of 229502997 and a Short% of Float of 26.19.
