Somewhat Positive Media Coverage Somewhat Unlikely to Impact Plug Power (PLUG) Share Price

Headlines about Plug Power (NASDAQ:PLUG) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Plug Power earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 46.1413310535768 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern’s scoring:

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Shares of PLUG traded down $0.12 during mid-day trading on Monday, reaching $1.77. The stock had a trading volume of 3,538,872 shares, compared to its average volume of 3,641,924. The company has a current ratio of 1.03, a quick ratio of 0.61 and a debt-to-equity ratio of 0.68. Plug Power has a 52-week low of $1.25 and a 52-week high of $3.21. The firm has a market capitalization of $432.04, a P/E ratio of -2.95 and a beta of 1.49.

Plug Power (NASDAQ:PLUG) last announced its quarterly earnings data on Wednesday, March 7th. The electronics maker reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.02). Plug Power had a negative net margin of 96.94% and a negative return on equity of 93.76%. The firm had revenue of $33.70 million during the quarter, compared to analysts’ expectations of $31.03 million. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.08) EPS. equities research analysts predict that Plug Power will post -0.21 earnings per share for the current fiscal year.

A number of brokerages recently issued reports on PLUG. Zacks Investment Research lowered shares of Plug Power from a “buy” rating to a “hold” rating in a report on Friday, January 12th. ValuEngine lowered shares of Plug Power from a “hold” rating to a “sell” rating in a report on Monday, December 4th. B. Riley reissued a “buy” rating and issued a $3.50 price objective on shares of Plug Power in a report on Thursday, December 7th. HC Wainwright reissued a “buy” rating and issued a $4.00 price objective on shares of Plug Power in a report on Thursday, December 7th. Finally, BidaskClub lowered shares of Plug Power from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 10th. Four research analysts have rated the stock with a sell rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $3.48.

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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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