Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Plug Power Inc’s stock clocked out at $1.35, up 0.75% from its previous closing price of $1.34. In other words, the price has increased by $0.75 from its previous closing price. On the day, 59.62 million shares were traded. PLUG stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.26.
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 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:
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 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 1311765376 and an Enterprise Value of 2195552512. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 3.492 whereas that against EBITDA is -2.128.
Stock Price History:
The Beta on a monthly basis for PLUG is 2.07, which has changed by -0.5700637 over the last 52 weeks, in comparison to a change of 0.077997446 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 $1.33. The 50-Day Moving Average of the stock is -22.12%, while the 200-Day Moving Average is calculated to be -36.91%.
Shares Statistics:
It appears that PLUG traded 65.74M shares on average per day over the past three months and 60542040 shares per day over the past ten days. A total of 913.90M shares are outstanding, with a floating share count of 907.54M. Insiders hold about 6.60% of the company’s shares, while institutions hold 48.25% stake in the company. Shares short for PLUG as of 1741910400 were 282337541 with a Short Ratio of 4.29, compared to 1739491200 on 286404448. Therefore, it implies a Short% of Shares Outstanding of 282337541 and a Short% of Float of 30.629998000000004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
