A Look Ahead For 2 Stocks: Plug Power Inc. (PLUG), MiMedx Group, Inc. (MDXG)

Shares of Plug Power Inc. (NASDAQ:PLUG) opened at $2.35, and ended 2.56% higher at $2.4. Nearly 3.55 million shares were traded by the close, lower than its average daily volume of 4.32 million shares.

Plug Power Inc. (PLUG) Analyst Opinion

Plug Power Inc. has a consensus outperform rating from 7 Wall Street analysts, and the number of shares currently sold short amount to at least 15.59% of shares outstanding. The stock sank -1.23% last month and is up 1.69 this year. Wall Street is only getting more bullish on the stock, with 5 of analysts who cover PLUG having a buy-equivalent rating. Analysts have placed a $3.36 price target on Plug Power Inc., suggesting a 40% gain from recent close. It’s currently trading about -25.23% below its 52-week high.

Plug Power Inc. Earnings Surprise

Plug Power Inc. (PLUG) failed to surprise the stock market in its last reported earnings when it earned -$0.17 a piece versus the consensus-estimated -$0.04. Its revenue totaled $55.79 million up 146.86% from the previous quarter.

Plug Power Inc. (NASDAQ:PLUG) Intraday View

This stock (PLUG) is ahead of its 52-week low with 189.16%. Its last month’s stock price volatility remained 3.27% which for the week stands at 3.2%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.57% and stays -2.48% away from its 50 days moving average. Over the last five days, shares have faced 0% losses and now is up 5.22% since hitting its 200-day moving average of $2.38. Plug Power Inc. (PLUG) has made its way to a 12-month gain of 90.48%.

Turning to MiMedx Group, Inc. (NASDAQ:MDXG), its shares were trading at $13.94 a retreat of $-0.38, on the trading floor. The stock, after opening at $14.44, touched a high of $14.44 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. MiMedx Group, Inc. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -20.21% from its high of $17.47 to a $1.53 billion market value through last close.

MiMedx Group, Inc. (MDXG) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.75 to 1.75 during a month. Analysts set a 12-month price target of $19 a share. The target implies a 36.3% spike from where the shares are currently trading. Also, the current price highlights a discount of 50.65% to analysts’ high consensus price target.

MiMedx Group, Inc. (NASDAQ:MDXG) Intraday Trading

The counter witnessed a trading volume of 2.15 million shares versus an average volume of 2.25 million shares during last trading session. Its last month’s stock price volatility remained 6.25% which for the week approaches 4.62%. The lowest price the stock reached in the last trading day was $13.91 and compares with the $7.64 52-week low. The stock recovered 82.46% since its low point and has performed 10.55% year-to-date.

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