Stock Price of Plug Power, Inc. (PLUG) Increases 25.53%

Plug Power, Inc. s in-depth stock price analysis indicates that the stock price has dropped -20.27% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -29.34% . Looking at the past 52 week period, the stock price is down -29.34% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Plug Power, Inc. has a negative value of -41.46 compared to overall market performance. Stocks of Plug Power, Inc. (NASDAQ:PLUG) rallied by 25.53% during the past week but lost 5.6% on a 4-week basis. The company has outperformed the S&P 500 by 24.52% in the past week but underperformed the index by 7.29% in the last 4 weeks.

Plug Power, Inc. (NASDAQ:PLUG) : On Friday heightened volatility was witnessed in Plug Power, Inc. (NASDAQ:PLUG) which led to swings in the share price. The stock opened for trading at $0.8485 and hit $1.23 on the upside , eventually ending the session at $1.18, with a gain of 38.82% or 0.33 points. The heightened volatility saw the trading volume jump to 24,708,623 shares. The 52-week high of the share price is $2.28 and the company has a market cap of $213 million. The 52-week low of the share price is at $0.83 .

Plug Power Inc Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $-0.05. The company had revenue of $17.60 million for the quarter, compared to analysts expectations of $34.85 million. The companys revenue was down -43.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.06 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Plug Power Inc was Initiated by Rodman & Renshaw on Dec 6, 2016 to Buy, Price Target of the shares are set at $3.

Company has reported several Insider transactions to the SEC, on Oct 7, 2016, Liquide Investissements D Air (director) sold 19,000 shares at 1.44 per share price.On Mar 28, 2016, Maureen O Helmer (director) sold 30,000 shares at 1.96 per share price.On Aug 31, 2015, Keith Schmid (COO) purchased 14,000 shares at 1.80 per share price.

Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North Americas largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey.


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