Somewhat Negative Press Coverage Somewhat Unlikely to Affect Plug Power (PLUG) Share Price

Headlines about Plug Power (NASDAQ:PLUG) have trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plug Power earned a news impact score of 0.00 on Accern’s scale. Accern also assigned media stories about the electronics maker an impact score of 48.3441081697211 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s rankings:

PLUG has been the topic of several recent research reports. HC Wainwright restated a “buy” rating and set a $4.00 target price on shares of Plug Power in a research report on Thursday, November 9th. B. Riley restated a “buy” rating and set a $3.50 target price on shares of Plug Power in a research report on Thursday, November 9th. FBR & Co restated a “buy” rating on shares of Plug Power in a research report on Tuesday, October 31st. Zacks Investment Research upgraded Plug Power from a “hold” rating to a “buy” rating and set a $2.50 target price on the stock in a research report on Wednesday, January 10th. Finally, Canaccord Genuity initiated coverage on Plug Power in a research report on Friday, December 1st. They set a “buy” rating and a $5.00 target price on the stock. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $3.28.

Plug Power (NASDAQ PLUG) traded up $0.24 during trading hours on Wednesday, hitting $2.01. The company’s stock had a trading volume of 9,126,180 shares, compared to its average volume of 3,594,449. The stock has a market capitalization of $477.50, a P/E ratio of -3.30 and a beta of 1.52. Plug Power has a 12-month low of $0.92 and a 12-month high of $3.21. The company has a current ratio of 1.29, a quick ratio of 0.86 and a debt-to-equity ratio of 0.62.

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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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