Analyst Stance On Two Stocks: Plug Power Inc. (PLUG), Portola Pharmaceuticals, Inc. (PTLA)

The recently concluded session had traders exchanging Plug Power Inc. (NASDAQ:PLUG) low level. Roughly 3.75 million shares changed hands compared to the three-month volume average 5.51 million shares. The first trade took place at $2.25 and the stock went down -1.32% to attain the closing price of $2.25.

Plug Power Inc. (PLUG) Analyst Opinion

Plug Power Inc. has a consensus outperform rating from 6 Wall Street analysts, and the number of shares currently sold short amount to at least 15.11% of shares outstanding. The stock sank -15.73% last month and is up 87.5 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover PLUG having a buy-equivalent rating. Analysts have placed a $3.09 price target on Plug Power Inc., suggesting a 37.33% gain from recent close. It’s currently trading about -29.91% 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 171.08%. Its last month’s stock price volatility remained 6.95% which for the week stands at 5.93%. The share price has moved backward from its 20 days moving average, trading at a distance of -16.62% and stays -14.21% away from its 50 days moving average. Over the last five days, shares have faced -12.79% losses and now is up 10.5% since hitting its 200-day moving average of $2.29. Plug Power Inc. (PLUG) has made its way to a 12-month gain of 55.17%.

Turning to Portola Pharmaceuticals, Inc. (NASDAQ:PTLA), its shares were trading at $48.49 a gain of $0.76, on the trading floor. The stock, after opening at $47.57, touched a high of $49.06 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.5. Portola Pharmaceuticals, Inc. has 3 buy ratings, 0 holds and 0 sells even after the stock tumbled -27.73% from its high of $67.10 to a $3.02 billion market value through last close.

Portola Pharmaceuticals, Inc. (PTLA) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 1.6 to 1.5 during a month. Analysts set a 12-month price target of $75.4 a share. The target implies a 55.5% spike from where the shares are currently trading. Also, the current price highlights a discount of 64.98% to analysts’ high consensus price target.

Portola Pharmaceuticals, Inc. (NASDAQ:PTLA) Intraday Trading

The counter witnessed a trading volume of 0.63 million shares versus an average volume of 0.92 million shares during last trading session. Its last month’s stock price volatility remained 4% which for the week approaches 3.95%. The lowest price the stock reached in the last trading day was $46.94 and compares with the $17.15 52-week low. The stock recovered 182.74% since its low point and has performed 116.09% year-to-date.

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