Plug Power Inc. (NASDAQ:PLUG) registered a -5.36% decrease, still its new closing price is -3.64% up from the company’s 1 year high of 2.28.It posted -7.02% losses in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 6 stock analysts following this company have an average price target at $2.26, with individual PT in the $1.30-$3.00 range. The shares moved at $1.06, implying that brokerage firms see shares losing about -43.32% in twelve months time.
Plug Power Inc. (PLUG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -11.67% fall year to date. A Director at Plug Power Inc. (PLUG) offloaded shares in a transaction closed on Wednesday December 21, 2016. Air Liquide Investissements d’ sold 19,000 shares in the company at $1.38 each and collected $26,000 in proceeds. Air Liquide Investissements d’ now owns 39,324 shares in the company after this transaction. A Director in the company, Air Liquide Investissements d’, disclosed a transaction on Thursday September 22, 2016 that ended up generating $27,000 from the sale of 19,000 shares at $1.44 per share.
Plug Power Inc. (NASDAQ:PLUG) Upcoming Results on Tap
Plug Power Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.05 in that period. Sales during the quarter are predicted to arrive at $29.8 million.
Earnings surprise history: Last quarter, the company posted approximately $17.56 million in revenue and EPS of $-0.07. The mean forecast was for $34.84 million and $-0.06 a share, respectively. One quarter earlier, revenue for the stock was at $20.46 million, with earnings at $-0.07/share.
Plug Power Inc. (PLUG) Brokerage Update
Plug Power Inc. (PLUG) is in Ardour Capital’s research list so their analyst rating change is noteworthy. These shares were upgraded to Accumulate from Hold by Ardour Capital, according to news reported on Tuesday November 11, 2008.Another important research note was issued by Ardour Capital on Thursday August 07, 2008.The firm downgraded PLUG to Hold from Accumulate. Over the last six months and over the last three months, the shares of Plug Power Inc. (PLUG), have changed -40.78% and -32.05%, respectively.