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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Plug Power ( PLUG) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Plug Power fell $0.44 (-9.8%) to $4.06 on light volume. Throughout the day, 27,436,282 shares of Plug Power exchanged hands as compared to its average daily volume of 45,876,100 shares. The stock ranged in price between $4.01-$4.43 after having opened the day at $4.41 as compared to the previous trading day's close of $4.50. Other companies within the Electronics industry that declined today were: Advanced Photonix ( API), down 12.3%, Sigmatron International ( SGMA), down 9.0%, Rubicon Technology ( RBCN), down 5.9% and Hutchinson Technology ( HTCH), down 5.7%. Plug Power Inc., an alternative energy technology provider, is engaged in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. Plug Power has a market cap of $647.8 million and is part of the technology sector. Shares are up 190.3% year to date as of the close of trading on Friday. Currently there are no analysts that rate Plug Power a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Plug Power as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and weak operating cash flow.
