<div id="readability-page-1"><p>Plug Power, Inc. (NASDAQ:PLUG - Get Free Report)'s share price traded down 2.8% during trading on Tuesday . The company traded as low as $2.01 and last traded at $2.05. 81,301,018 shares changed hands during trading, a decline of 16% from the average session volume of 96,998,156 shares. The stock had previously closed at $2.11.</p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>NASA Calls, Plug Answers: A Turning Point for Hydrogen?</li></ul><p>PLUG has been the subject of a number of recent analyst reports. Cowen  restated a &#34;buy&#34; rating on shares of Plug Power in a research note on Wednesday, November 19th. HSBC  set a $4.40 price target on shares of Plug Power in a report on Thursday, October 9th. Canaccord Genuity Group  set a $7.00 price objective on shares of Plug Power in a report on Monday, November 24th. HC Wainwright  restated a &#34;buy&#34; rating and set a $7.00 price target on shares of Plug Power in a research note on Monday, November 24th. Finally, Susquehanna lowered their price target on shares of Plug Power from $3.50 to $2.50 and set a &#34;neutral&#34; rating on the stock in a report on Monday, November 17th. One research analyst  has rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned  a Hold rating and six have assigned  a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and an average target price of $2.80.</p><p><b>Read Our Latest Stock Report on PLUG</b></p><h2>Plug Power Stock Down 2.8%</h2><ul><li>MarketBeat Week in Review – 10/06 - 10/10</li></ul><p>The company has a market capitalization of $2.85 billion, a PE ratio of -0.86 and a beta of 1.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.70 and a current ratio of 1.32. The stock's 50 day moving average is $2.49 and its 200 day moving average is $2.03. </p><p>Plug Power (NASDAQ:PLUG - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The electronics maker reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.01. The business had revenue of $177.06 million during the quarter, compared to analyst estimates of $185.41 million. Plug Power had a negative net margin of 313.69% and a negative return on equity of 105.98%.  On average, sell-side analysts anticipate that  Plug Power, Inc. will post -1.21 EPS for the current fiscal year. </p><h2>Insider Transactions at Plug Power</h2><ul><li>The Juice Is Loose: Why Plug Power's Rally Is Just the Beginning</li></ul><p>In other Plug Power news, insider Benjamin Haycraft sold 40,000 shares of the firm's stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $2.20, for a total value of $88,000.00. Following the completion of the transaction, the insider owned 373,809 shares in the company, valued at $822,379.80. This trade represents a 9.67% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, insider Jose Luis Crespo bought 37,300 shares of Plug Power stock in a transaction on Monday, December 15th. The shares were bought at an average cost of $2.34 per share, with a total value of $87,282.00. Following the acquisition, the insider directly owned 307,332 shares in the company, valued at approximately $719,156.88. This represents a 13.81% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 60,000 shares of company stock worth $155,200 in the last three months. 0.56% of the stock is currently owned by insiders. </p><h2>Institutional Trading of Plug Power</h2><p>Several institutional investors and hedge funds have recently bought and sold shares of the company. Kovack Advisors Inc. purchased a new position in shares of  Plug Power during the 3rd quarter valued at $26,000.  Sender Co &amp; Partners Inc. bought a new stake in  Plug Power during the second quarter valued at $26,000.  Yousif Capital Management LLC bought a new stake in  Plug Power during the third quarter valued at $27,000.  Prakash Investment Advisors LLC purchased a new position in  Plug Power during the third quarter worth about $27,000.  Finally, O ROURKE &amp; COMPANY Inc bought a new position in  Plug Power in the 2nd quarter worth about $30,000. 43.48% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About Plug Power</h2> (Get Free Report)<p>Plug Power Inc is a U.S.-based company specializing in the design and manufacture of hydrogen fuel cell systems that serve as clean energy replacements for conventional batteries in electric vehicles and material handling equipment. Its core solutions include ProGen fuel cell engines, GenDrive power systems for forklifts and warehouse vehicles, and GenFuel hydrogen refueling infrastructure. These offerings are sold as standalone components or integrated turnkey solutions under the GenKey brand, providing customers with on-site refueling, equipment installation and maintenance services.  </p><p>In addition to its fuel cell and refueling products, Plug Power develops backup power and off-grid energy solutions through its GenSure line, which targets telecommunications, data centers and utility applications.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Plug Power</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Plug Power Right Now?</h2><p>Before you consider Plug Power, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Plug Power wasn't on the list.</p><p>While Plug Power currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PLUG

<p>Plug Power's stock (NASDAQ:PLUG) fell 2.8% to $2.05, with trading volume down 16% from average. Analysts have mixed ratings, with a consensus "Hold" and an average target price of $2.80. Recent insider transactions include sales and purchases of shares. Institutional investors have been active, with 43.48% ownership. Plug Power specializes in hydrogen fuel cell systems for clean energy solutions.</p>

Plug Power (NASDAQ:PLUG) Trading Down 2.8% - Here's What Happened