(VIANEWS) – Shares of Plug Power (NASDAQ: PLUG) jumped by a staggering 26.63% in 10 sessions from $9.95 at 2023-07-06, to $12.60 at 11:38 EST on Thursday, after three consecutive sessions in a row of gains. NASDAQ is falling 1.16% to $14,191.27, after three sequential sessions in a row of gains.
Plug Power’s last close was $13.17, 58.27% below its 52-week high of $31.56.
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 $-1.33.
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 -18.43%.
Sales Growth
Plug Power’s sales growth is 62.5% for the present quarter and 50.8% for the next.
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