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Plug Power (PLUG) Looks Good: Stock Adds 73.1% in Session
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Plug Power Inc. (PLUG - Free Report) was a big mover last session, as its shares rose a little over 73% on the day. The move came after the company announced a key deal with Amazon.com Inc. (AMZN - Free Report) . This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 114.3% in the past one-month time frame.
Over the last 30 days, the company witnessed four negative estimate revisions while the Zacks Consensus Estimate also moved lower over the same time frame, 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 carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Is PLUG going up? Or down? Predict to see what others think: Up or Down
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Plug Power (PLUG) Looks Good: Stock Adds 73.1% in Session
Plug Power Inc. (PLUG - Free Report) was a big mover last session, as its shares rose a little over 73% on the day. The move came after the company announced a key deal with Amazon.com Inc. (AMZN - Free Report) . This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 114.3% in the past one-month time frame.
Over the last 30 days, the company witnessed four negative estimate revisions while the Zacks Consensus Estimate also moved lower over the same time frame, 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 carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Plug Power, Inc. Price
Plug Power, Inc. Price | Plug Power, Inc. Quote
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
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>