AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Will plug power stock go up11/18/2023 ![]() ![]() contributor Parkev Tatevosian reviews Plug Power s ( PLUG -1.72) progress and answers if investors. Even with record revenue of more than 700 million in 2022, Plug reported a net loss for the year of about 725 million, or 1.25 per share. Plug Power is working diligently to ramp up the production of green hydrogen energy. It serves the North American and European material handling markets. Plug Power neither makes a profit nor pays a dividend. Its products include GenDrive, GenFuel, GenCare, GenSure, GenKey, ProGen, Electrolyzers, Liquefaction Systems and Cryogenic Equipment. Our company (PLUG) is getting regular cash flow from Amazon and Walmart only. It makes a difference when investors clock the money being spent on products from the companies they invest in. Unlike Amazon, Apple, Costco, or even Chevron who sell directly to the public. Given the current short-term trend, the stock is expected to fall -40.33 during the next 3 months and, with a 90 probability hold a price between 3.30 and. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers and production of hydrogen. Plug Power only sells its product to companies directly, not to the public. The Company provide electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, t o generate hydrogen on-site. Anyone who has held Plug Power (NASDAQ: PLUG) stock since early 2021 has, unfortunately, suffered staggering losses. is a provider of hydrogen fuel cell turnkey solutions. Is Plug Power Stock Undervalued The current Plug Power PLUG share price is 7.51. Investors should prepare for PLUG stock to possibly fall below 5.
0 Comments
Read More
Leave a Reply. |