In last trading session, Plug Power Inc (NASDAQ:PLUG) saw 72.3 million shares changing hands with its beta currently measuring 2.35. Company’s recent per share price level of $1.65 trading at $0.13 or 8.55% at ring of the bell on the day assigns it a market valuation of $1.89B. That closing price of PLUG’s stock is at a discount of -102.42% from its 52-week high price of $3.34 and is indicating a premium of 58.18% from its 52-week low price of $0.69. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 105.54 million shares which gives us an average trading volume of 123.96 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 2.73. 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
Plug Power Inc’s shares saw a change of -48.60% in year-to-date performance and have moved -1.79% in past 5-day. Plug Power Inc (NASDAQ:PLUG) showed a performance of 25.95% in past 30-days. Number of shares sold short was 238.13 million shares which calculate 1.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.38 to the stock, which implies a fall of -20.0% 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 1.8. It follows that stock’s current price would jump 33.33% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.33% 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 77.64% while estimates for its earnings growth in next 5 years are of 52.22%.
Plug Power Inc (NASDAQ:PLUG)’s Major holders
Insiders are in possession of 5.34% of company’s total shares while institution are holding 43.25 percent of that, with stock having share float percentage of 45.69%. Investors also watch the number of corporate investors in a company very closely, which is 43.25% 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 Mar 31, 2025 , the former fund manager was holding 30.74 shares of worth $50.72 million or 2.68% of the total outstanding shares. The later fund manager was in possession of 24.68 shares on Mar 31, 2025 , making its stake of worth around $40.72 million in the company or a holder of 2.15% of company’s stock.
