It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Plug Power Inc. (PLUG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.52, or -5.96%, to $24. Volume reached 392,930 shares, with price reaching a high of $24.03 and a low of $23.85. Recently, Yahoo Finance discussed the stock, revealing that Lhyfe Secures Deal with Plug to Provide 50MW of PEM Electrolyzers for Renewable Green Hydrogen Production.
Plug Power Inc. is listed on the NASDAQ in the Industrials sector while operating in the Electrical Equipment & Parts industry. At the end of the last regular session, the stock closed at $23.94 and fluctuated between $25.50 as its day high and $23.72 as its day low. The current market capitalization of Plug Power Inc. is $14.37B. A total of 17.3 million shares were traded on the day, compared to an average of 21.59M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PLUG has seen 18 BUY and 0 SELL insider trades, representing the acquisition of 60,962 and the disposition of 0 shares. Over the last 12 months, there were 43 BUYs and 6 SELLs from insiders. Insiders purchased 171,272 shares during that period but sold 232,584.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PLUG in the last 3 months, the mean price target is $37.92 with high estimates of $78.00 and low estimates of $25.00. In terms of 52-week highs and lows, PLUG has a high of $46.50 and a low of $12.70.
As of this writing, PLUG has an earnings estimate of $-0.22 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $-0.1 per share and a lower estimate of $-0.28. The company reported an EPS of $-0.3 in the last quarter, which was -42.86% lower than expectations of $-0.21.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 27 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLUG is Sell with a score of 4.25. A total of 17 analysts rated the stock as Buy while 1 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.