Plug Power Inc is a player in the EV industry that is higher by 1.76% Monday. Plug Power Inc (PLUG) stock has fallen 9.09% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator. Plug Power Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PLUG! See Full PLUG Report What is Stock Sentiment? Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available. What's Happening With PLUG Stock Today? Plug Power Inc (PLUG) stock is trading at $13.60 as of 10:29 AM on Monday, Dec 12, a rise of $0.24, or 1.76% from the previous closing price of $13.36. The stock has traded between $13.22 and $13.63 so far today. Volume today is below average. So far 2,572,523 shares have traded compared to average volume of 16,278,637 shares. To screen for more stocks like Plug Power Inc click here. More About Plug Power Inc Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets-including material handling, e-mobility, power generation, and industrial applications. Click Here to get the full Stock Report for Plug Power Inc stock.
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