Plug Power Inc (NASDAQ:PLUG) currently has a daily average trading volume of 55.55M but it saw 31541456 shares traded in last market. With a market cap of 2.20B USD, the company’s current market price of $2.42 came falling about -0.41 while comparing to the previous closing price of $2.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.14 and as low as $1.60. In the recent trading on the day, stock has struck highest price mark of $2.305 while lowest mark touched by it was $2.455.
Taking a look at 20-day trading activity of Plug Power Inc (PLUG) gives us an average price of $2.35, while its current price level is -52.92% below from 52-week high level whereas it is 51.25% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.19 while that of 200 days or SMA-200 reads an average of $2.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.99% during that period while stretching the period over a month that decreases to 10.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.45 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Sell” from “Neutral” on April 05, 2024 while assigning a price target of $2. Redburn Atlantic issued its recommendations for the stock as it initiated the price target for the stock is $4.50.
Over the week, PLUG’s stock price is moving -2.03% down while it is 25.52% when we observe its performance for the past one month. Year-to-date it is -46.44% down and over the past year, the stock is showing a downside performance of -46.68%.
Currently, Plug Power Inc’s total number of outstanding shares is 880.45M. Company’s return on investment (ROI) stands at -37.79% and return on equity (ROE) at -43.18%. Stock’s beta reads 1.78. Stock has a price to book (P/B) ratio of 0.70 while price to sale or P/S ratio amounts to 3.33. Its return on asset (ROA) is -27.74% on average.
