Plug Power Inc (NASDAQ:PLUG) price on Thursday, May 09,rose 9.92% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.77.
A look at the stock’s price movement, the close in the last trading session was $2.52. Turning to its 52-week performance, $13.44 and $2.25 were the 52-week high and 52-week low respectively. Overall, PLUG moved -9.77% over the past month.
Plug Power Inc’s market cap currently stands at around $1.93 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PLUG is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
PLUG’s current price about 7.03% and -10.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.87, while 7-day volatility ratio is 9.78% and 7.69% in the 30-day chart. Further, Plug Power Inc (PLUG) has a beta value of 1.70, and an average true range (ATR) of 0.23.
If we refocus on Plug Power Inc (NASDAQ:PLUG), historical trading data shows that trading volumes averaged 32.64 million over the past 3 months. The company’s latest data on shares outstanding shows there are 696.17 million shares.
The 8.80% of Plug Power Inc’s shares are in the hands of company insiders while institutional holders own 43.13% of the company’s shares. Current price change has pushed the stock -38.44% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PLUG stock continues to rise going into the next quarter.
