Featured Stock to Focus: Plug Power Inc. (PLUG)

Plug Power Inc (NASDAQ:PLUG) 52-week high price stands at $3.15 and low price stands at $0.83, its price distance from 52-week high is -2.86% while its distance from 52-week low price is 268.67%. (NASDAQ:PLUG) by 279.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,217,301 shares of the electronics maker's stock after buying an additional 448,639 shares during the quarter. Shine Inv Advisory Inc has 0% invested in Plug Power Inc (NASDAQ:PLUG). Creative Planning lifted its position in Plug Power by 41.5% during the 2nd quarter. BlackRock Institutional Trust Company N.A. now owns 4,499,512 shares of the company's stock worth $8,369,000 after buying an additional 210,460 shares in the last quarter. It increased, as 7 investors sold Plug Power Inc shares while 14 reduced holdings. Manufacturers Life Insurance The holds 0% in Plug Power Inc (NASDAQ:PLUG) or 177,008 shares. (NASDAQ PLUG) opened at $3.06 on Wednesday. The company beat the analyst EPS Estimate with the difference of $-0.02. The 1-year high was reported on Nov, 7 by Barchart.com.

Plug Power (NASDAQ:PLUG) last posted its earnings results on Tuesday, August 8th. Also, the current price highlights a discount of 30.72% to analysts' high consensus price target.

Plug Power Inc. (NASDAQ:PLUG) gross margin percentage stands at -5.4% while its operating margin for the past trailing twelve month is -84.5 percent and its overall profit margin (ttm) is 0 Percent. Revenue during the quarter was $22.6 million, representing 10% growth from $20.46 million in year-ago quarter.

Plug Power Inc. on 6/29/2017 reported its EPS as $-0.07 with the analysts projecting the EPS of the stock as $-0.05.

A number of research analysts have issued reports on the stock.

In terms of Buy, Sell or Hold recommendations, Plug Power Inc (NASDAQ:PLUG) has analysts' mean recommendation of 2.5. Finally, Roth Capital restated a "sell" rating and issued a $1.30 target price on shares of Plug Power in a report on Sunday, July 23rd. Analysts had been expecting losses of 4 cents per share on $54.57 million in sales.

The company's shares closed at $3.06.

Many analysts are providing their Estimated Earnings analysis for Plug Power Inc. and for the current quarter 3 analysts have projected that the stock could give an Average Earnings estimate of $-0.03/share. The company presently has an average rating of "Hold" and an average target price of $2.98.

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In other news, Director George C. Mcnamee acquired 200,000 shares of Plug Power stock in a transaction on Friday, September 15th. The shares were acquired at an average cost of $2.20 per share, for a total transaction of $440,000.00. Following the purchase, the director now owns 486,131 shares in the company, valued at $1,069,488.20.

Plug Power Inc.is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. The Company's product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn.

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