Shares of Plug Power jumped by a staggering 27.81% to $44.73 at 14:50 EST on Thursday, after two successive sessions in a row of gains. NASDAQ Composite is jumping 2.33% to $13,037.96, following last session’s downward trend, This seems, as yet, an all-around positive trend trading session today.
Plug Power’s last close was $35.00, 4.96% below its 52-week high of $46.95.
News about Plug Power today
Plug Power to receive $1.5 bln investment from SK group; stock surges. According to today’s article on Business Insider, "Under the partnership, Plug Power and SK Group plan to provide hydrogen fuel cell systems, hydrogen fueling stations, and electrolyzers to the Korean and broader Asian markets.", "As per the terms of the investment, a US subsidiary of SK Group will make a $1.5 billion investment in Plug Power by acquiring about 51.4 million shares of common stock at a price of $29.2893 per share. "
Plug Power jumps after deal for SK group to take $1.5 billion stake. According to today’s article on MarketWatch, "Shares of Plug Power rose 19% in premarket trade after reaching a deal for SK Group to make a $1.5 billion strategic investment and form a joint venture company in South Korea. "
Plug Power stock jumps 30% after $1.5 billion investment from south korea. According to today’s article on MarketWatch, "Shares of Plug Power Inc. rallied 30% Thursday, a day after Plug Power announced a $1.5 billion investment from a South Korean company and the intention to form a joint venture with that company by next year. ", "The opportunity to partner with SK presents an attractive and timely opportunity to establish a foothold in (the Korean) market with one of South Korea’s leading industrial conglomerates," Plug Power said. "
Plug Power’s Revenue
Year-on-year quarterly revenue growth grew by 79.9%, now sitting on 307.54M for the twelve trailing months.
Plug Power’s last day, last week, and last month’s average volatility was 7.53%, 1.56%, and 1.74%, respectively.
Plug Power’s last day, last week, and last month’s high and low average amplitude percentage was 9.28%, 8.12%, and 8.58%, respectively.
Plug Power’s Stock Yearly Top and Bottom Value
Plug Power’s stock is valued at $44.73 at 14:50 EST, under its 52-week high of $46.95 and way above its 52-week low of $2.53.
Plug Power’s Moving Average
Plug Power’s worth is way above its 50-day moving average of $28.90 and way above its 200-day moving average of $16.70.