These are Rare Buy Opportunity? Yamana Gold Inc. (AUY) and Plug Power Inc. (PLUG)

The recent price movement of AUY means that it is now down by -7.41% from its 52-week high and 96.63% up against its 52-week low prices. Over the past one week, the price volatility of AUY stands at 3.54% while the volatility over the past one month is 4.47%. The beta score for this stock is 0.85. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 07/25/2019 published its latest quarterly earnings, with the report showing that the company recorded -0.03 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0 by -0.03. The revenue by the firm was 431.81M for the quarter.

The shares of Yamana Gold Inc. (AUY) gained by 3.55%, leading to a gain of $0.12 per share, and saw AUY end the trading session at $3.50 on Tuesday 10/08/19. AUY started the trading session at $3.46, before reaching a daily high of $3.50. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $3.43.

The trading volume on Tuesday stood at 9872613, which was below the stock’s 3-month average volume of 17.96 million shares, out of a total 947.60M shares. As the price of the stock climbed, the market valuation of the company gained to 3.33 billion.

The shares of Plug Power Inc. (NASDAQ: PLUG) went up by 3.54% by the end of the recent trading session. This movement saw its price surge to close at $2.63, which was higher than the previous closing price of $2.54. Over the past one week, the price of PLUG has jumped by 4.78%, while it has recorded a gain of 12.88% over the past one month. Its three-month performance saw PLUG gain 14.35% while its six-month performance saw it surge by 1.54%. The situation is different though over the past one year, as the stock price went up by 40.64%, while its year-to-date (YTD) price performance jumped by 112.10%. The stock price has gone up by +39.89% compared to its 90-day low, while it is down -10.54% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 4,865,680 shares, with the short-term indicators averagely rating the stock as a 75% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 3,565,204 shares and the indicators have an average rating of Hold. The last indicators, the long-term see PLUG stock with a 100-Day average volume of 3,587,671 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves PLUG with an average rating of 56% Buy.

Several brokerage firms sent out their reports PLUG stock not long ago. In its report sent out on March 14, 2019, B. Riley FBR lowered its ratings on PLUG to a Buy. In an earlier report on January 30, 2019, ROTH Capital Upgrade the stock from a Sell to a Neutral. Oppenheimer meanwhile in its report on August 23, 2018 Initiated its rating of the stock to “Outperform”.

In related news to the company’s stock, around 33.40% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 182 institutions currently hold the PLUG stock. In the last quarter, a 82,228,358 PLUG shares were in the possession of institutions. On the other hand, the company recorded 19 new institutions who bought it their stock, while 25 institutions sold their entire PLUG reserve. Of the current institutions investing in the stock, 65 increased their investment while 57 decreased their investment in the stock.