Plug Power, Inc. (NASDAQ:PLUG), ended its previous trading session at $2.42 showing a gain of 0.0899999999999999 or 3.86 percent with respect to the price of $2.33 when stock market opened. The company traded 4.35 Million shares over the course of the trading day. Giving the average volume of 5.29 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 239.74 Million.
Plug Power, Inc. (NASDAQ:PLUG) is currently trading lower than its price target which is set to $3.04 by the analyst. The stock is -15.38% Below its 1-Year High which is $2.86. PLUG has a difference of 144.64% from its 1 year low which stands at $0.99. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.
Plug Power, Inc. (NASDAQ:PLUG) Performance Snapshot
The stock performed exceptionally good in the previous week which depicts an increase of 4.76 percent in the shares price. The company subtracted about -6.56% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 12.56 Percent. PLUG currently shows 95.16% as its year to date performance.
Plug Power, Inc. (NASDAQ:PLUG) Price Insight
The stock needs to grow about $0.62 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -1.73%, -0.65% and 28.04 percent respectively. The stock trades about 18.89 percent of its Float giving its total shares Outstanding are 239.74 Million. PLUG gained about 30.81 percent in 6 months showing its Average True Range of 0.12. The company currently has a RSI and Beta of 47.9 and 1.81.
While talking about Plug Power, Inc. (NASDAQ:PLUG) valuation ratios, the stock trades with a P/S and P/B of 3.32 and 0 which is significantly better and attractive as compared to its peers.