Alert: Major Price Advance (12/14/23)-Plug Power Inc (NASDAQ: PLUG).


Plug Power Inc (NASDAQ: PLUG) stock closed at $4.79 on 12/14/23 after a major increase of 11.1%. Moreover, unusually high trading volume at 183% of normal accompanied the advance. The stock has risen 20.1% during the last week but has been extremely weak relative to the market over the last nine months.


Current PriceTarget Research Rating

PLUG is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Plug Power has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Plug Power has a very high Appreciation Score of 86 but a very low Power Rating of 1, with the Negative Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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