Plug Power Inc (NASDAQ: PLUG) is -39.91% lower on its value in year-to-date trading and has touched a low of $0.69 and a high of $3.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLUG stock was last observed hovering at around $1.22 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $1.28, the stock is 45.77% and 35.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 209.39 million and changing 4.92% at the moment leaves the stock -27.49% off its SMA200. PLUG registered -57.33% loss for a year compared to 6-month loss of -47.76%. The firm has a 50-day simple moving average (SMA 50) of $0.9472 and a 200-day simple moving average (SMA200) of $1.7653.
The stock witnessed a 48.75% gain in the last 1 month and extending the period to 3 months gives it a -23.35%, and is 40.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.25% over the week and 8.96% over the month.
Plug Power Inc (PLUG) has around 3224 employees, a market worth around $1.38B and $642.22M in sales. Profit margin for the company is -312.29%. Distance from 52-week low is 85.51% and -61.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-76.78%).
The EPS is expected to grow by 77.84% this year.
Plug Power Inc (PLUG) Top Institutional Holders
573.0 institutions hold shares in Plug Power Inc (PLUG), with institutional investors hold 46.06% of the company’s shares. The shares outstanding are 1.08B, and float is at 1.01B with Short Float at 26.32%. Institutions hold 43.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 69.97 million shares valued at $163.02 million. The investor’s holdings represent 9.4953% of the PLUG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 62.35 million shares valued at $145.28 million to account for 8.4622 of the shares outstanding. The other top investors are NORGES BANK which holds 28.7 million shares representing 3.8952% and valued at over $66.87 million, while MORGAN STANLEY holds 3.5133 of the shares totaling 25.89 million with a market value of $60.32 million.
Plug Power Inc (PLUG) Insider Activity
The most recent transaction is an insider purchase by MIDDLETON PAUL B. SEC filings show that MIDDLETON PAUL B bought 650,000 shares of the company’s common stock on Jun 09 ’25 at a price of $1.03 per share for a total of $0.67 million. Following the purchase, the insider now owns 2.56 million shares.
Plug Power Inc disclosed in a document filed with the SEC on May 16 ’25 that MIDDLETON PAUL B (CFO & Executive VP) bought a total of 350,000 shares of the company’s common stock. The trade occurred on May 16 ’25 and was made at $0.72 per share for $0.25 million. Following the transaction, the insider now directly holds 1.91 million shares of the PLUG stock.
Still, SEC filings show that on Nov 01 ’24, MCNAMEE GEORGE C (Director) disposed off 10,000 shares at an average price of $2.09 for $20916.0. The insider now directly holds 684,782 shares of Plug Power Inc (PLUG).
