Plug Power (PLUG) Stock Closed Lower Ahead of Tuesday’s Q1 Results
NEW YORK (TheStreet) -- Shares of Plug Power (PLUG) - Get Report closed down by 0.52% to $1.92 on Friday, ahead of the Latham, NY-based company's 2016 first quarter results.
Plug Power is scheduled to report its results before Tuesday's opening bell.
Wall Street is expecting the alternative energy technology provider to post a loss of 6 cents per share on revenue of $25.54 million.
During the same quarter last year, Plug Power said it had a net loss of 6 cents per share on revenue of $9.4 million.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.
The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: PLUG
