Why Plug Power Inc. (PLUG) Is in Such Horrid Condition

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Plug Power Inc. (NASDAQ:PLUG) went up by 1.90% from its latest closing price compared to the recent 1-year high of $14.35. The company’s stock price has collected 11.06% of gains in the last five trading sessions. Barron’s reported 16 hours ago that Clean Hydrogen Could Become a $2.5 Trillion Industry by 2050

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Is It Worth Investing in Plug Power Inc. (NASDAQ :PLUG) Right Now?

Plus, the 36-month beta value for PLUG is at 1.39. Opinions of the stock are interesting as 8 analysts out of 9 who provided ratings for Plug Power Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $13.56. PLUG currently public float of 329.50M and currently shorts hold a 18.07% ratio of that float. Today, the average trading volume of PLUG was 27.33M shares.

PLUG’s Market Performance

PLUG stocks went up by 11.06% for the week, with a monthly jump of 3.31% and a quarterly performance of 51.18%, while its annual performance rate touched 434.26%. The volatility ratio for the week stands at 6.93% while the volatility levels for the past 30 days are set at 7.96% for Plug Power Inc.. The simple moving average for the period of the last 20 days is 7.28% for PLUG stocks with a simple moving average of 110.19% for the last 200 days.

Analysts’ Opinion of PLUG

Many brokerage firms have already submitted their reports for PLUG stocks, with Morgan Stanley repeating the rating for PLUG by listing it as a “Overweight.” The predicted price for PLUG in the upcoming period, according to Morgan Stanley is $14 based on the research report published on September 28th of the current year 2020.

Barclays gave a rating of “Equal Weight” to PLUG, setting the target price at $10 in the report published on July 09th of the current year.

PLUG Trading at 16.77% 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 -6.55% of loss for the given period.

Volatility was left at 7.96%, however, over the last 30 days, the volatility rate increased by 6.93%, as shares sank -5.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.69% upper at present.

During the last 5 trading sessions, PLUG rose by +11.06%, which changed the moving average for the period of 200-days by +333.98% in comparison to the 20-day moving average, which settled at $12.46. In addition, Plug Power Inc. saw 324.37% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PLUG starting from Schmid Keith, who sale 200,000 shares at the price of $13.00 back on Sep 21. After this action, Schmid Keith now owns 156,220 shares of Plug Power Inc., valued at $2,600,000 using the latest closing price.

HELMER MAUREEN O, the Director of Plug Power Inc., sale 75,000 shares at $13.28 during a trade that took place back on Sep 18, which means that HELMER MAUREEN O is holding 173,103 shares at $996,233 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.

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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 342.43. Finally, the long-term debt to capital ratio is 68.53.

When we switch over and look at the enterrpise 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.

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