![]() ![]() Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. ![]() Alternatively, email editorial-team (at). ![]() Have feedback on this article? Concerned about the content? Get in touch with us directly. If you are no longer interested in Plug Power, you can use our free platform to see our list of over 50 other stocks with a high growth potential. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Plug Power. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. However, the optimistic prospect is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. What does the future of Plug Power look like?Īre you a potential investor? If you’ve been keeping an eye on PLUG, now may not be the most advantageous time to buy, given it is trading around its fair value. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity. This is because Plug Power’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. Although, there may be an opportunity to buy in the future. And if you believe the company’s true value is $13.93, there’s only an insignificant downside when the price falls to its real value. View our latest analysis for Plug Power Is Plug Power Still Cheap?Īccording to my valuation model, Plug Power seems to be fairly priced at around 18.40% above my intrinsic value, which means if you buy Plug Power today, you’d be paying a relatively fair price for it. A question to answer is whether Plug Power's current trading price of US$16.49 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Plug Power’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. ( NASDAQ:PLUG), might not be a large cap stock, but it saw significant share price movement during recent months on the NASDAQCM, rising to highs of US$30.03 and falling to the lows of US$15.46. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |