Plug Power (PLUG) PT Set at $4.00 by B. Riley
Several other brokerages have also recently issued reports on PLUG. BidaskClub cut shares of Plug Power from a sell rating to a strong sell rating in a research note on Wednesday, January 10th. Zacks Investment Research cut shares of Plug Power from a hold rating to a sell rating in a research note on Tuesday, November 14th. Canaccord Genuity initiated coverage on shares of Plug Power in a research note on Friday, December 1st. They set a buy rating and a $5.00 target price on the stock. ValuEngine cut shares of Plug Power from a hold rating to a sell rating in a research note on Monday, December 4th. Finally, HC Wainwright set a $4.00 target price on shares of Plug Power and gave the stock a buy rating in a research note on Friday. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of $3.28.
Shares of Plug Power (PLUG) traded down $0.02 on Friday, reaching $1.70. 7,640,000 shares of the company’s stock traded hands, compared to its average volume of 3,370,000. Plug Power has a 52 week low of $0.83 and a 52 week high of $3.21. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.86 and a current ratio of 1.29. The firm has a market cap of $383.88, a PE ratio of -2.79 and a beta of 1.52.
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Plug Power Company Profile
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.
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