In last trading session, Plug Power Inc (NASDAQ:PLUG) saw 33.27 million shares changing hands with its beta currently measuring 2.14. Company’s recent per share price level of $1.32 trading at $0.01 or 0.76% at ring of the bell on the day assigns it a market valuation of $1.28B. That closing price of PLUG’s stock is at a discount of -271.21% from its 52-week high price of $4.90 and is indicating a premium of 4.55% from its 52-week low price of $1.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 53.79 million shares which gives us an average trading volume of 66.17 million if we extend that period to 3-months.
For Plug Power Inc (PLUG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.86. Splitting up the data highlights that, out of 16 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Plug Power Inc (NASDAQ:PLUG) trade information
Upright in the green during last session for gaining 0.76%, in the last five days PLUG remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $1.32 price level, adding 10.2% to its value on the day. Plug Power Inc’s shares saw a change of -38.03% in year-to-date performance and have moved -9.59% in past 5-day. Plug Power Inc (NASDAQ:PLUG) showed a performance of -18.52% in past 30-days. Number of shares sold short was 282.34 million shares which calculate 4.53 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.7 to the stock, which implies a rise of 22.35% to its current value. Analysts have been projecting 1.1 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would jump 16.67% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.67% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -49.35% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 76.21% while estimates for its earnings growth in next 5 years are of 50.65%.
Plug Power Inc (NASDAQ:PLUG)’s Major holders
Insiders are in possession of 6.40% of company’s total shares while institution are holding 49.61 percent of that, with stock having share float percentage of 53.01%. Investors also watch the number of corporate investors in a company very closely, which is 49.61% institutions for Plug Power Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at PLUG for having 69.97 million shares of worth $163.02 million. And as of 2024-06-30, it was holding 10.9108 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 62.35 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4622 of outstanding shares, having a total worth of $145.28 million.
