Several analysts have recently updated their ratings and price targets for Plug Power (NASDAQ: PLUG):
Shares of Plug Power Inc (NASDAQ:PLUG) opened at 1.22 on Tuesday. Plug Power Inc has a 12-month low of $0.83 and a 12-month high of $2.28. The stock has a 50 day moving average price of $1.06 and a 200 day moving average price of $1.35. The stock’s market capitalization is $233.25 million.
Plug Power (NASDAQ:PLUG) last released its quarterly earnings data on Thursday, March 9th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.06) by $0.02. Plug Power had a negative net margin of 69.28% and a negative return on equity of 36.60%. The company earned $32.60 million during the quarter, compared to analysts’ expectations of $32.54 million. During the same period last year, the business earned ($0.05) earnings per share. The company’s revenue for the quarter was down 15.1% compared to the same quarter last year. On average, equities analysts anticipate that Plug Power Inc will post ($0.25) earnings per share for the current fiscal year.
Plug Power Inc is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn.