|Bid||32.58 x 3100|
|Ask||32.67 x 4000|
|Day's Range||31.96 - 33.60|
|52 Week Range||13.69 - 75.49|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 08, 2021 - Nov 12, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.22|
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After falling yesterday, shares of Plug Power (NASDAQ: PLUG) are roaring back today as the pessimism that plagued the fuel cell specialist's stock on Wednesday seems to be waning. The catalyst for today's movement appears to be news that the company is progressing in its plans to develop a green hydrogen production facility in its home state of New York. As of 10:25 a.m. EDT on Thursday, shares of Plug Power were up 5.7%.
Plug Power (NASDAQ: PLUG) stock is 57% off its high price of more than $73 this year. Let's take a closer look at Plug Power's recent performance and its growth prospects. Plug Power has a long history of incurring losses.
Plug Power, a maker of hydrogen fuel cells, unveils ambitious growth plans and sees accelerating revenue in 2022. Is PLUG stock a buy right now?