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Plug Power (PLUG) in Focus: Stock Moves 8.3% Higher

Zacks Equity Research

Plug Power Inc. PLUG was a big mover last session, as the company saw its shares rise more than 8% 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 volatile price range of $2.04 to $2.19 in the past one-month time frame.

The company has not seen any estimate revisions in the past one month, while its Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Plug Power, Inc. Price

Plug Power, Inc. Price | Plug Power, Inc. Quote

Investors interested in the Manufacturing - Electronics industry may consider a better-ranked stock like Schneider Electric S.E. SBGSY, which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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Zacks Investment Research