|Bid||34.89 x 1800|
|Ask||35.00 x 800|
|Day's range||32.91 - 35.04|
|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 (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.
The CEO of industrial giant Siemens threw cold water on the prospects for the hydrogen economy this week.
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%.