In last trading session, Plug Power Inc (NASDAQ:PLUG) saw 177.13 million shares changing hands with its beta currently measuring 2.15. Company’s recent per share price level of $0.79 trading at -$0.02 or -3.25% at ring of the bell on the day assigns it a market valuation of $846.82M. That closing price of PLUG’s stock is at a discount of -520.25% from its 52-week high price of $4.90 and is indicating a premium of 3.8% from its 52-week low price of $0.76. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 125.77 million shares which gives us an average trading volume of 78.91 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 2.85. 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 red during last session for losing -3.25%, in the last five days PLUG remained trading in the green while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $0.79 price level, adding 15.78% to its value on the day. Plug Power Inc’s shares saw a change of -63.13% in year-to-date performance and have moved 1.26% in past 5-day. Plug Power Inc (NASDAQ:PLUG) showed a performance of -25.92% in past 30-days. Number of shares sold short was 252.65 million shares which calculate 2.93 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a rise of 47.33% 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 1.9. It follows that stock’s current price would drop -39.24% in reaching the projected high whereas dropping to the targeted low would mean a loss of -39.24% 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 77.23% while estimates for its earnings growth in next 5 years are of 52.69%.
Plug Power Inc (NASDAQ:PLUG)’s Major holders
Insiders are in possession of 5.72% of company’s total shares while institution are holding 46.54 percent of that, with stock having share float percentage of 49.37%. Investors also watch the number of corporate investors in a company very closely, which is 46.54% 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 9.4953 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.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 29.54 shares of worth $23.2 million or 2.89% of the total outstanding shares. The later fund manager was in possession of 23.21 shares on Dec 31, 2024 , making its stake of worth around $18.23 million in the company or a holder of 2.27% of company’s stock.
