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Plug Power Already 5% Down, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Plug Power‘s pre-market value is already 5.08% down.

Plug Power’s last close was $3.15, 76.56% below its 52-week high of $13.44.

The last session, NASDAQ finished with Plug Power (PLUG) falling 2.48% to $3.15. NASDAQ dropped 1.4% to $16,049.08, following the last session’s downward trend on what was an all-around bearish trend trading session.

About Plug Power

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; 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; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; 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 GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.

Earnings Per Share

As for profitability, Plug Power has a trailing twelve months EPS of $-2.36.

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 -39.34%.

Volume

Today’s last reported volume for Plug Power is 23918227 which is 46.53% below its average volume of 44504900.

More news about Plug Power (PLUG).

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