Plug Power (PLUG) Receiving Somewhat Favorable Media Coverage, Report Shows

Xavier Trudeau
Juin 16, 2017

That value represents a market adjusting for revenues that have been falling by -0.63 % on a quarterly year/year basis as of the company's last quarterly report. Plug Power earned a media sentiment score of 0.08 on Alpha One's scale. American International Group Inc. raised its position in Plug Power by 7.5% in the first quarter. Nationwide Fund Advisors boosted its stake in shares of Plug Power by 4.6% in the first quarter. The company's market cap is $472.38 million. IFC Holdings Incorporated FL now owns 135,500 shares of the electronics maker's stock worth $189,000 after buying an additional 34,000 shares in the last quarter. The business had revenue of $15.20 million for the quarter, compared to the consensus estimate of $24.90 million.

Plug Power Inc (NASDAQ:PLUG) 52-week high price stands at $2.70 and low price stands at $0.83, its price distance from 52-week high is -22.96% while its distance from 52-week low price is 150.6%. The company has a 50-day moving average price of $2.05 and a 200 day moving average price of $1.53. Private Advisor Group LLC now owns 51,318 shares of the electronics maker's stock worth $115,000 after buying an additional 31,646 shares in the last quarter.

Plug Power Inc (NASDAQ:PLUG) shares traded -1.42% down during most recent session to reach at the closing price of $2.08.

Currently Plug Power Inc (NASDAQ:PLUG)'s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 17.6%. (GPOR) is 0.32 while the analysts predicted the EPS of the stock to be 0.18 suggesting the company fell short of the analysts' expectations.

A number of research analysts recently commented on the company. Finally, IFC Holdings Incorporated FL increased its position in Plug Power by 33.5% in the first quarter. (PLUG) has a trading volume of 5 Million shares, with an average trading volume of 7730 shares - with shares dropping to a 52 week low of $0.83, and the company's shares hitting a 52 week high of $ 2.70. Finally, Cowen and Company reiterated an "outperform" rating and set a $1.75 target price on shares of Plug Power in a research report on Saturday, March 11th. ValuEngine cut Plug Power from a "hold" rating to a "sell" rating in a research report on Thursday, May 18th. Morgan Stanley reduced their target price on Plug Power from $3.00 to $1.50 and set an "equal weight" rating for the company in a report on Tuesday, February 28th.

ILLEGAL ACTIVITY NOTICE: This piece was reported by Sports Perspectives and is the sole property of of Sports Perspectives. Roth Capital set a $2.00 price target on Plug Power and gave the stock a "hold" rating in a research note on Saturday, April 8th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. The company now has an average rating of "Hold" and a consensus price target of $2.80.

Plug Power Inc is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market.

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