Plug Power Inc (NASDAQ:PLUG) shares, rose in value on Thursday, July 10, with the stock price down by -5.62% to the previous day’s close as strong demand from buyers drove the stock to $1.68.
Actively observing the price movement in the last trading, the stock closed the session at $1.78, falling within a range of $1.65 and $1.8. The value of beta (5-year monthly) was 2.123. Referring to stock’s 52-week performance, its high was $3.34, and the low was $0.69. On the whole, PLUG has fluctuated by 37.70% over the past month.
With the market capitalization of Plug Power Inc currently standing at about $1.93 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLUG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of PLUG currently trading nearly 27.47% and 60.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.45, while the 7-day volatility ratio is showing 13.43% which for the 30-day chart, stands at 13.11%. Furthermore, Plug Power Inc (PLUG)’s beta value is 2.35.
A comparison of Plug Power Inc (PLUG) with its peers suggests the former has fared considerably weaker in the market. PLUG showed an intraday change of -5.62% in last session, and over the past year, it shrunk by -21.13%%.
Data on historical trading for Plug Power Inc (NASDAQ:PLUG) indicates that the trading volumes over the past 10 days have averaged 109.97 and over the past 3 months, they’ve averaged 124.46 million. According to company’s latest data on outstanding shares, there are 1.15 billion shares outstanding.
Nearly 6.66% of Plug Power Inc’s shares belong to company insiders and institutional investors own 42.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 238.13 million shares as on 2025-06-13, resulting in a short ratio of 1.48. According to the data, the short interest in Plug Power Inc (PLUG) stood at 2089.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 265.12 million. The stock has fallen by -36.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLUG stock heading into the next quarter.
