PLUS
ePlus inc. Technology - IT Solutions Investor Relations →
ePlus inc. (PLUS) closed at $74.45 as of 2026-03-20, trading 10.3% above its 200-week moving average of $67.48. The stock is currently moving closer to the line, down from 12.3% last week. With a 14-week RSI of 15, PLUS is in oversold territory.
A big spike in selling this week — 2.8x the usual volume, and the price dropped. Sometimes this kind of heavy selling marks the end of a decline. The idea is that the last reluctant holders have finally sold, leaving fewer sellers left to push the price lower.
Over the past 1483 weeks of data, PLUS has crossed below its 200-week moving average 17 times. On average, these episodes lasted 24 weeks. Historically, investors who bought PLUS at the start of these episodes saw an average one-year return of +13.8%.
With a market cap of $1968 million, PLUS is a small-cap stock. The company generates a free cash flow yield of 2.3%. Return on equity stands at 14.6%. The stock trades at 1.8x book value.
Over the past 28.5 years, a hypothetical investment of $100 in PLUS would have grown to $2241, compared to $1153 for the S&P 500. That represents an annualized return of 11.5% vs 9.0% for the index — confirming PLUS as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: PLUS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PLUS Crosses Below the Line?
Across 17 historical episodes, buying PLUS when it crossed below its 200-week moving average produced an average return of +19.6% after 12 months (median +32.0%), compared to +12.8% for the S&P 500 over the same periods. 56% of those episodes were profitable after one year. After 24 months, the average return was +47.1% vs +24.8% for the index.
Each line shows $100 invested at the moment PLUS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PLUS has crossed below its 200-week MA 17 times with an average 1-year return of +13.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1997 | Feb 1998 | 11 | 6.4% | -25.5% | +2618.1% |
| Aug 1998 | Nov 1999 | 65 | 39.3% | -35.2% | +2507.2% |
| Oct 2000 | Jan 2001 | 12 | 43.8% | -45.9% | +2020.4% |
| Jan 2001 | Aug 2003 | 133 | 58.6% | -33.3% | +2222.8% |
| Aug 2003 | Sep 2003 | 2 | 6.7% | -20.5% | +2347.4% |
| Nov 2003 | Dec 2003 | 4 | 9.0% | -4.0% | +2608.9% |
| Jul 2004 | Aug 2004 | 3 | 11.2% | +40.2% | +3244.3% |
| Oct 2004 | Nov 2004 | 1 | 1.1% | +38.0% | +3142.4% |
| Jun 2006 | Apr 2008 | 94 | 43.0% | -14.1% | +2718.9% |
| Jun 2008 | Jun 2008 | 1 | 3.9% | +37.1% | +2830.1% |
| Sep 2008 | Mar 2009 | 25 | 27.3% | +33.0% | +2689.3% |
| Mar 2020 | Nov 2020 | 37 | 37.0% | +37.0% | +107.5% |
| Sep 2022 | Oct 2022 | 5 | 7.0% | +43.5% | +72.6% |
| Dec 2022 | Jan 2023 | 3 | 3.5% | +76.7% | +73.9% |
| Apr 2023 | May 2023 | 4 | 4.2% | +79.6% | +72.6% |
| Mar 2025 | Apr 2025 | 4 | 7.9% | N/A | +21.4% |
| Jul 2025 | Aug 2025 | 1 | 2.0% | N/A | +20.7% |
| Average | 24 | — | +13.8% | — |
Frequently Asked Questions
Is PLUS below its 200-week moving average?
No. ePlus inc. (PLUS) is currently 10.3% above its 200-week moving average of $67.48. It would need to fall to $67.48 to cross below the line.
What is PLUS's 200-week moving average price?
ePlus inc.'s 200-week moving average is $67.48 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PLUS drops below its 200-week moving average?
PLUS has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +13.8%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is PLUS a good value right now?
Here's what our data says about PLUS as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 15 (oversold). Free cash flow yield is 2.3%. Return on equity is 14.6%. Price-to-book is 1.8x. This is not a buy or sell recommendation — always do your own research.
How does PLUS compare to the S&P 500?
Over the past 28.5 years, $100 invested in PLUS would have grown to $2241, compared to $1153 for the S&P 500. That's 11.5% annualized vs 9.0% for the index. PLUS has outperformed the broader market over this period.
Does PLUS pay a dividend?
Yes. ePlus inc. currently pays a dividend yield of 134.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20