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Plug Power Inc is currently in a long term downtrend where the price is trading 4.1% below its 200 day moving average.
From a valuation standpoint, the stock is 32.3% cheaper than other stocks from the Industrials sector with a price to sales ratio of 35.9.
Plug Power Inc's total revenue rose by 8.9% to $107M since the same quarter in the previous year.
Its net income has dropped by 235.5% to $-39M since the same quarter in the previous year.
Finally, its free cash flow fell by 354.5% to $-23M since the same quarter in the previous year.
Based on the above factors, Plug Power Inc gets an overall score of 2/5.
Industry | Electrical Equipment & Parts |
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CurrencyCode | USD |
ISIN | US72919P2020 |
Sector | Industrials |
Exchange | NASDAQ |
Beta | 2.07 |
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Market Cap | 825M |
PE Ratio | None |
Target Price | 2.15 |
Dividend Yield | None |
Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and Progen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems. It also offers GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems; GenSure fuel cell systems; GenFuel hydrogen storage and dispensing products; ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. In addition, the company also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative to fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.
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