|Bid||38.24 x 800|
|Ask||38.25 x 1300|
|Day's range||34.61 - 38.45|
|52-week range||13.69 - 75.49|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||N/A|
|Earnings date||08 Nov 2021 - 12 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||44.22|
Plug Power (PLUG) closed the most recent trading day at $34.41, moving +0.7% from the previous trading session.
Shares of Plug Power (NASDAQ: PLUG) popped 3.7% in early trading Wednesday after the fuel cell stock attracted a huge analyst upgrade following the announcement of a new partnership. Today morning, Plug Power signed a memorandum of understanding with renewable green hydrogen producer Lhyfe at HyVolution, a two-day green hydrogen event being held at Paris. Plug Power and Lhyfe plan to jointly develop green hydrogen plants in Europe with an operating capacity of 300 megawatts (MW) by 2025, along with developing a production site with a capacity of 1 gigawatt.
Plug Power (NASDAQ: PLUG) has spent the past year working to expand its supply of green hydrogen production and increasing the use of hydrogen as a fuel. Plug Power has partnered with several overseas companies in the process, and one of them announced a deal with a competitor today. Investors see that as good news for Plug Power, and drove its shares up 6.2% as of 2:50 p.m. EDT.