Plug Power Inc. (PLUG) had a rough trading day for Monday December 28 as
shares
tumbled 5.65%, or a loss of $-2.01 per share, to close at $33.57. After opening the day at $37.37, shares of Plug Power Inc. traded as high as $37.51 and as
low as $33.53. Volume was 35.49 million shares over 243,843 trades, against an average daily volume of n/a shares and a total float of 415.6 million.
As a result of the decline, Plug Power Inc. now has a market cap of $13.95 billion. In the last
year, shares of Plug Power Inc. have traded between a range of $37.12 and $2.53, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
For a complete fundamental analysis of Plug Power Inc., check out Equities.com’s Stock Valuation Analysis report for
PLUG.
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Plug Power Inc is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way. The company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, the company replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers. Its ProGen platform of modular fuel cell engines empowers OEMs and system integrators to adopt hydrogen fuel cell technology.
Plug Power Inc. is based out of Latham, NY and has some 835 employees. Its CEO is Andrew Marsh.
Plug Power Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.
To get more information on Plug Power Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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