What is the Market's View on Plug Power Inc (PLUG) Stock's Price and Volume Trends Monday?

Plug Power Inc (PLUG) stock is lower by 7.25% 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!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 $41.32 as of 2:26 PM on Monday, Nov 29, a rise of $1.07, or 2.65% from the previous closing price of $40.25. The stock has traded between $39.46 and $41.41 so far today. Volume today is low. So far 10,512,008 shares have traded compared to average volume of 26,011,186 shares.

More About Plug Power Inc

Plug Power Inc is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way. The company's GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, the company replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers. Its ProGen platform of modular fuel cell engines empowers OEMs and system integrators to adopt hydrogen fuel cell technology. Click Here to get the full Stock Report for Plug Power Inc stock.