Plug Power Stock Price on August 28, 2024

PLUG Stock  USD 2.24  0.11  5.16%   
Below is the normalized historical share price chart for Plug Power extending back to October 29, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Plug Power stands at 2.24, as last reported on the 29th of November, with the highest price reaching 2.28 and the lowest price hitting 2.15 during the day.
IPO Date
29th of October 1999
200 Day MA
2.6075
50 Day MA
2.0844
Beta
1.81
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Plug Stock, it is important to understand the factors that can impact its price. Plug Power appears to be unstable, given 3 months investment horizon. Plug Power maintains Sharpe Ratio (i.e., Efficiency) of 0.0932, which implies the firm had a 0.0932% return per unit of risk over the last 3 months. By analyzing Plug Power's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please evaluate Plug Power's Coefficient Of Variation of 2656.4, risk adjusted performance of 0.0376, and Semi Deviation of 5.73 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Plug Power's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Plug Power's current Other Stockholder Equity is estimated to increase to about 7.8 B, while Treasury Stock is forecasted to increase to (62 M). . The current Price To Sales Ratio is estimated to decrease to 2.86. The current Price Earnings Ratio is estimated to decrease to -2.06. Plug Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0932

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Estimated Market Risk

 6.18
  actual daily
55
55% of assets are less volatile

Expected Return

 0.58
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Plug Power is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Plug Power by adding it to a well-diversified portfolio.
Price Book
0.6407
Enterprise Value Ebitda
(2.23)
Price Sales
2.9429
Shares Float
848.3 M
Wall Street Target Price
2.731

Related Headline

Bloom Energy Headline on 28th of August 2024

Filed transaction by Bloom Energy Corp Officer: Chief Operations Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Plug Power Valuation on August 28, 2024

It is possible to determine the worth of Plug Power on a given historical date. On August 28, 2024 Plug was worth 2.05 at the beginning of the trading date compared to the closed value of 1.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Plug Power stock. Still, in general, we apply an absolute valuation method to find Plug Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Plug Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Plug Power's related companies.
 Open High Low Close Volume
  2.12    2.13    2.05    2.07    23,319,997  
08/28/2024
  2.05    2.07    1.92    1.94    30,535,770  
  1.97    2.02    1.91    1.94    27,600,732  
Backtest Plug Power  |  Plug Power History  |  Plug Power Valuation   PreviousNext  
Open Value
2.05
1.94
Closing Value
20.58
Upside

Plug Power Trading Date Momentum on August 28, 2024

On August 29 2024 Plug Power was traded for  1.94  at the closing time. The top price for the day was 2.02  and the lowest listed price was  1.91 . The trading volume for the day was 27.6 M. The trading history from August 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 15.98% .

Plug Power Fundamentals Correlations and Trends

By evaluating Plug Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Plug Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Plug financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Plug Power Stock history

Plug Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Plug is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Plug Power will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Plug Power stock prices may prove useful in developing a viable investing in Plug Power
Last ReportedProjected for Next Year
Common Stock Shares Outstanding595.5 M625.2 M
Net Loss-651.6 M-619 M

Plug Power Quarterly Net Working Capital

847.08 Million

Plug Power Stock Technical Analysis

Plug Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Plug Power technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Plug Power trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Plug Power Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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Plug Power cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Plug Power November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Plug Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Plug Power shares will generate the highest return on investment. By undertsting and applying Plug Power stock market strength indicators, traders can identify Plug Power entry and exit signals to maximize returns

Plug Power Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Plug Power's price direction in advance. Along with the technical and fundamental analysis of Plug Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Plug to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Plug Stock analysis

When running Plug Power's price analysis, check to measure Plug Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.
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