NEW YORK (TheStreet) -- Plug Power (PLUG) continued its slide Monday with the stock down another 3.7% at 2:40 p.m. The hydrogen fuel cell maker has seen a lot of activity on the market over the past two weeks, experiencing wild swings as investors try to figure out whether the company is a sound investment or not.
The upstate New York-based company has seen a bump in March due to the announcement of its deal with Wal-Mart (WMT) to provide the retailer with 1,700 fuel cells to power its fleet of forklifts. The deal was a breakthrough for the company that has has never made a profit in its 16-year history.
Must read: Warren Buffett's 10 Favorite Stocks
Plug opened at a high last Tuesday of $11.44 with a trading volume of 243.27 million. Since then, the stock has fallen to its current mark of $6.50 and volume is at 44.45 million on Monday.
TheStreet Ratings team rates PLUG POWER INC as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate PLUG POWER INC (PLUG) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and weak operating cash flow."