Plug Power Stock Bullish Momentum With A 10.47% Rise On Wednesday

(VIANEWS) – The NASDAQ ended the session with Plug Power (PLUG) rising 10.47% to $4.01 on Wednesday while NASDAQ rose 0.58% to $16,031.54.

Plug Power’s last close was $3.63, 74.58% under its 52-week high of $14.28.

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 $-2.3.

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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.6%, now sitting on 891.34M for the twelve trailing months.

Sales Growth

Plug Power’s sales growth is 9% for the present quarter and 14.6% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Plug Power’s EBITDA is -17.46.

Volatility

Plug Power’s last week, last month’s, and last quarter’s current intraday variation average was a positive 4.11%, a negative 0.84%, and a positive 6.25%.

Plug Power’s highest amplitude of average volatility was 4.63% (last week), 5.42% (last month), and 6.25% (last quarter).

More news about Plug Power (PLUG).

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