Currently, there are 880.45M common shares owned by the public and among those 849.54M shares have been available to trade.
The company’s stock has a 5-day price change of -10.58% and -12.68% over the past three months. PLUG shares are trading -12.68% year to date (YTD), with the 12-month market performance down to -50.13% lower. It has a 12-month low price of $1.60 and touched a high of $5.14 over the same period. PLUG has an average intraday trading volume of 69.42 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -22.22%, -19.77%, and -22.02% respectively.
Institutional ownership of Plug Power Inc (NASDAQ: PLUG) shares accounts for 50.80% of the company’s 880.45M shares outstanding.
It has a market capitalization of $1.69B and a beta (3y monthly) value of 1.79. The earnings-per-share (ttm) stands at -$2.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.83% over the week and 10.94% over the month.
Analysts forecast that Plug Power Inc (PLUG) will achieve an EPS of -0.23 for the current quarter, -0.19 for the next quarter and -0.62 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.29 while analysts give the company a high EPS estimate of -0.29. Comparatively, EPS for the current quarter was -0.64 a year ago. Earnings per share for the fiscal year are expected to increase by 46.03%, and 49.23% over the next financial year.
Looking at the support for the PLUG, a number of firms have released research notes about the stock. Seaport Research Partners stated their Sell rating for the stock in a research note on January 27, 2025, with the firm’s price target at $1. Citigroup was of a view on April 05, 2024 that the stock is Sell, while Redburn Atlantic gave the stock Neutral rating on February 06, 2024, issuing a price target of $4.50. UBS on their part issued Neutral rating on February 06, 2024.
