Plug Power (PLUG) in Focus: Stock Moves 14.8% Higher

Plug Power Inc. (PLUG) was a big mover last session, as the company saw its shares rise roughly 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the near flat price range of $1.66 to $1.89 in the past one-month time frame.

None of the estimates for this Mach-Electrical stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Plug Power carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, a better-ranked stock in the same space is Energous Corporation (WATT), carrying a Zacks Rank #2 (Buy).

Is PLUG going up? Or down? Predict to see what others think: Up or Down

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PLUG POWER INC (PLUG): Free Stock Analysis Report
 
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