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Plug Power (PLUG) Surges: Stock Moves 12.4% Higher
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Plug Power Inc. (PLUG - Free Report) was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $1.70–$2.25 in the past one-month time frame, showed a sharp increase yesterday.
The company has seen two negative estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved lower over the same time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Plug Power currently has a Zacks Rank #4 (Sell), while its Earnings ESP is negative.
Is PLUG going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Plug Power (PLUG) Surges: Stock Moves 12.4% Higher
Plug Power Inc. (PLUG - Free Report) was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $1.70–$2.25 in the past one-month time frame, showed a sharp increase yesterday.
The company has seen two negative estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved lower over the same time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Plug Power currently has a Zacks Rank #4 (Sell), while its Earnings ESP is negative.
Plug Power, Inc. Price
Plug Power, Inc. Price | Plug Power, Inc. Quote
A better-ranked stock in the Manufacturing – Electronics industry is Emerson Electric Co. (EMR - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is PLUG going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>