While Plug Power Inc has underperformed by -3.12%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PLUG fell by -50.13%, with highs and lows ranging from $5.14 to $1.60, whereas the simple moving average fell by -22.02% in the last 200 days.
On January 27, 2025, Seaport Research Partners Downgraded Plug Power Inc (NASDAQ: PLUG) to Sell. A report published by BTIG Research on November 14, 2024, Downgraded its rating to ‘Neutral’ for PLUG. Citigroup also Downgraded PLUG shares as ‘Sell’, setting a target price of $2 on the company’s shares in a report dated April 05, 2024. Redburn Atlantic Initiated an Neutral rating on February 06, 2024, and assigned a price target of $4.50. UBS February 06, 2024d its ‘Buy’ rating to ‘Neutral’ for PLUG, as published in its report on February 06, 2024. ROTH MKM also rated the stock as ‘Buy’.
Analysis of Plug Power Inc (PLUG)
Further, the quarter-over-quarter decrease in sales is -12.57%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Plug Power Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -43.18% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.95, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 69.42M can be a very valuable indicator of volatility for PLUG stock. On a monthly basis, the volatility of the stock is set at 10.94%, whereas on a weekly basis, it is put at 6.83%, with a loss of -10.58% over the past seven days. Furthermore, long-term investors anticipate a median target price of $2.71, showing growth from the present price of $1.86, which can serve as yet another indication of whether PLUG is worth investing in or should be passed over.
How Do You Analyze Plug Power Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 6.78%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 50.80% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PLUG shares are owned by institutional investors to the tune of 50.80% at present.
