Plug Power Stock Bullish Momentum With A 17.72% Rise On Wednesday

(VIANEWS) – The NASDAQ ended the session with Plug Power rising 17.72% to $4.09 on Wednesday, after five consecutive sessions in a row of losses. NASDAQ jumped 2.37% to $14,094.38, following the last session’s downward trend on what was an all-around positive trend trading session today.

Plug Power’s last close was $3.47, 81.62% under its 52-week high of $18.88.

About Plug Power

Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including liquid green hydrogen production, storage and handling, transportation, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; Liquefaction systems; and Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

Earnings Per Share

As for profitability, Plug Power has a trailing twelve months EPS of $-1.6.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -20.73%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend yield is 4.56%.

Moving Average

Plug Power’s value is way below its 50-day moving average of $7.35 and way below its 200-day moving average of $10.26.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Plug Power’s EBITDA is -26.37.

More news about Plug Power (PLUG).

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