During the last session, Plug Power Inc (NASDAQ:PLUG)’s traded shares were 37.88 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $2.41, reflecting an intraday loss of -6.95% or -$0.18. The 52-week high for the PLUG share is $13.44, that puts it down -457.68 from that peak though still a striking 6.22% gain since the share price plummeted to a 52-week low of $2.26. The company’s market capitalization is $1.65B, and the average trade volume was 37.02 million shares over the past three months.
Plug Power Inc (NASDAQ:PLUG) trade information
Plug Power Inc (PLUG) registered a -6.95% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.95% in intraday trading to $2.41, hitting a weekly high. The stock’s 5-day price performance is -11.72%, and it has moved by -27.63% in 30 days. Based on these gigs, the overall price performance for the year is -74.00%.
Plug Power Inc (PLUG) estimates and forecasts
Statistics show that Plug Power Inc has outperformed its competitors in share price, compared to the industry in which it operates. Plug Power Inc (PLUG) shares have gone down -59.01% during the last six months, with a year-to-date growth rate more than the industry average at 59.13% against 15.80. In the rating firms’ projections, revenue will increase 11.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 164.83M as predicted by 20 analyst(s). Meanwhile, a consensus of 20 analyst(s) estimates revenue growth to 202.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 210.29M and 242.24M respectively. In this case, analysts expect current quarter sales to shrink by -21.60% and then drop by -16.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -45.13%. While earnings are projected to return 54.91% in 2024.
PLUG Dividends
Plug Power Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
