Currently, there are 913.90M common shares owned by the public and among those 862.57M shares have been available to trade.
The company’s stock has a 5-day price change of 10.56% and -11.88% over the past three months. PLUG shares are trading -16.43% year to date (YTD), with the 12-month market performance down to -50.96% lower. It has a 12-month low price of $1.37 and touched a high of $4.90 over the same period. PLUG has an average intraday trading volume of 63.40 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 5.76%, -13.66%, and -21.50% respectively.
Institutional ownership of Plug Power Inc (NASDAQ: PLUG) shares accounts for 50.65% of the company’s 913.90M shares outstanding.
It has a market capitalization of $1.65B and a beta (3y monthly) value of 2.01. The earnings-per-share (ttm) stands at -$2.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.82% over the week and 8.20% over the month.
Earnings per share for the fiscal year are expected to increase by 75.51%, and 32.42% over the next financial year. EPS should grow at an annualized rate of 50.24% over the next five years, compared to -49.35% over the past 5-year period.
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.
