Plug Power (PLUG) Rising Before The Market Opens

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Trade-Ideas LLC identified Plug Power ( PLUG) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Plug Power as such a stock due to the following factors:

  • PLUG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $162.5 million.
  • PLUG traded 17,530 shares today in the pre-market hours as of 7:47 AM.
  • PLUG is up 2% today from yesterday's close.

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More details on PLUG:

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. Currently there are 2 analysts that rate Plug Power a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Plug Power has been 19.2 million shares per day over the past 30 days. Plug has a market cap of $940.9 million and is part of the technology sector and electronics industry. The stock has a beta of 0.99 and a short float of 21.2% with 1.09 days to cover. Shares are up 247.7% year-to-date as of the close of trading on Thursday.

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