Investors Are Waking Up To Plug Power Inc (NASDAQ: PLUG) After Losing -75.00% Over The Past 12 Months

Plug Power Inc (NASDAQ:PLUG) currently has a daily average trading volume of 93.76M but it saw 117832185 shares traded in last market. With a market cap of 862.57M USD, the company’s current market price of $0.80 came rising about 4.38 while comparing to the previous closing price of $0.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.55 and as low as $0.69.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Seaport Research Partners which downgraded the stock as “Sell” in its note to investors issued on January 27, 2025, recommending a price target of $1 for it. Citigroup also issued its recommendations for the stock as it downgraded the price target for the stock is $2.

Over the week, PLUG’s stock price is moving 14.37% up while it is -4.85% when we observe its performance for the past one month. Year-to-date it is -62.45% down and over the past year, the stock is showing a downside performance of -75.00%.

Currently, Plug Power Inc’s total number of outstanding shares is 1.08B with 5.75% of that held by the insiders while 46.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -76.78% and return on equity (ROE) at -83.81%. Stock’s beta reads 2.15. Stock has a price to book (P/B) ratio of 0.42 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is -47.30% on average.