Strength Seen in Plug Power (PLUG): Stock Moves 9.5% Higher

Plug Power Inc. PLUG was a big mover last session, as the company saw its shares rise roughly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 23.4% in the last one month.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Plug Power currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the same space is Energous Corporation WATT, sporting a Zacks Rank #1 (Strong Buy).

Is PLUG going up? Or down? Predict to see what others think: Up or Down

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