Plug Power Inc. (NASDAQ:PLUG) went down by -0.77% from its latest closing price compared to the recent 1-year high of $14.35. The company’s stock price has collected 5.94% of gains in the last five trading sessions.
Is It Worth Investing in Plug Power Inc. (NASDAQ :PLUG) Right Now?
Plug Power Inc. (NASDAQ:PLUG) scored a price-to-earnings ratio above its average ratio, recording x from its present earnings ratio. Plus, the 36-month beta value for PLUG is at 1.36. Opinions of the stock are interesting as 7 analysts out of 9 who provided ratings for Plug Power Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.94, which is $0.5 above the current price. PLUG currently public float of 329.43M and currently shorts hold a 16.49% ratio of that float. Today, the average trading volume of PLUG was 28.81M shares.
PLUG’s Market Performance
PLUG stocks went up by 5.94% for the week, with a monthly jump of 0.55% and a quarterly performance of 138.22%, while its annual performance rate touched 355.32%. The volatility ratio for the week stands at 5.23% while the volatility levels for the past 30 days are set at 7.88% for Plug Power Inc.. The simple moving average for the period of the last 20 days is 1.30% for PLUG stocks with a simple moving average of 115.60% for the last 200 days.
Analysts’ Opinion of PLUG
Many brokerage firms have already submitted their reports for PLUG stocks, with Odeon repeating the rating for PLUG by listing it as a “Buy.” The predicted price for PLUG in the upcoming period, according to Odeon is based on the research report published on August 18th of the current year 2020.
Barclays, on the other hand, stated in their research note that they expect to see PLUG reach a price target of $10. The rating they have provided for PLUG stocks is “Equal Weight” according to the report published on July 9th, 2020.
H.C. Wainwright gave a rating of “Buy” to PLUG, setting the target price at $14 in the report published on June 24th of the current year.
PLUG Trading at 18.75% from the 50-Day Moving Average
After a stumble in the market that brought PLUG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.52% of loss for the given period.
Volatility was left at 7.88%, however, over the last 30 days, the volatility rate increased by 5.23%, as shares sank -5.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.16% upper at present.
During the last 5 trading sessions, PLUG rose by +5.94%, which changed the moving average for the period of 200-days by +237.89% in comparison to the 20-day moving average, which settled at $12.64. In addition, Plug Power Inc. saw 306.33% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PLUG starting from Conway Gerard L JR, who sold 35,352 shares at the price of $11.90 back on Sep 08. After this action, Conway Gerard L JR now owns 10,519 shares of Plug Power Inc., valued at $420,540 using the latest closing price.
Hull Martin Daniel, the Corporate Controller and CAO of Plug Power Inc., sold 33,333 shares at $13.11 during a trade that took place back on Aug 31, which means that Hull Martin Daniel is holding 25,231 shares at $436,996 based on the most recent closing price.
Stock Fundamentals for PLUG
Current profitability levels for the company are sitting at:
- -21.73 for the present operating margin
- +12.15 for the gross margin
The net margin for Plug Power Inc. stands at -37.12. The total capital return value is set at -10.21, while invested capital returns managed to touch -21.03. Equity return is now at value -67.50, with -10.20 for asset returns.
Based on Plug Power Inc. (PLUG), the company’s capital structure generated 395.46 points at debt to equity in total, while total debt to capital is 79.82. Total debt to assets is 69.65, with long-term debt to equity ratio resting at -1.41. Finally, the long-term debt to capital ratio is 342.43.
When we switch over and look at the enterprise to sales, we see a ratio of 4.75, with the company’s debt to enterprise value settled at 0.49. The receivables turnover for the company is 6.06 and the total asset turnover is 0.40. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.08.