(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 120.3MM | -46% |
Gross Profit | -159.1MM | -28% |
Cost Of Revenue | 279.3MM | -37% |
Operating Income | -259.4MM | -59% |
Operating Expenses | 100.3MM | -75% |
Net Income | -295.8MM | -54% |
R&D | 25.3MM | -17% |
G&A | 78MM | -30% |
Amortization | 4.7MM | -4% |
Interest Expense | 11.3MM | -1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Could a recovery be on the way, or is this just a temporary pop?
Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Supporting its growth targets, Plug brings its total BEDP global contracts to 7.5 GWLATHAM, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the signing of a Basic Engineering and Design Package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying hydrogen to AGA’s planned ammonia f
LATHAM, N.Y., May 15, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in hydrogen solutions for the green hydrogen economy, has announced its latest innovation: the integration of a Class 6, medium-duty fuel cell electric truck. The integration involves a commercial Class 6 chassis cab with an industry proven electric propulsion system powered by Plug’s cutting-edge ProGen fuel cell technology and seamlessly integrated with an industry proven electric propulsion system.
The loan guarantee, which follows several similar awards to other companies, will help accelerate hydrogen industry growth, according to an industry association.
Plug Power stock is a lot cheaper than it was in 2023, but there's a catch.
Plug Power said the funds will be used to finance development and construction of up to six green hydrogen production facilities.
More cash will solve some problems, but maybe not the ones that need to be solved.
A crosscurrent of influences washed over the stock market Tuesday, causing some unusually volatile action. Meme-stock trading, typically crowd-sourced trades driven by social media attention, returned to the market with some gusto on Monday.
The U.S. Department of Energy said on Tuesday it has offered a conditional loan guarantee of up to $1.66 billion to Plug Power to help it build up to six plants to produce clean hydrogen. The hydrogen fuel from the plants would power fuel cell-electric vehicles used in material handling, transportation, and heavy industry, the department's office of loan programs said. Clean or green hydrogen is expected to result in an 84% reduction in greenhouse gas emissions compared with conventional hydro...