Plug Power Inc. (PLUG) Soars 7.02%

Plug Power Inc. (PLUG) Soars 7.02%

Plug Power Inc. is a Plug Power Inc is an innovator of modern hydrogen and fuel cell technology.

Plug Power Inc. (PLUG) had a good day on the market for Monday August 17 as shares jumped 7.02% to close at $12.20. About 25.89 million shares traded hands on 106,577 trades for the day, compared with an average daily volume of n/a shares out of a total float of 366.46 million. After opening the trading day at $11.43, shares of Plug Power Inc. stayed within a range of $12.34 to $11.43.

With today’s gains, Plug Power Inc. now has a market cap of $4.47 billion. Shares of Plug Power Inc. have been trading within a range of $12.20 and $2.06 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Plug Power Inc is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way. The company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, the company replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers. Its ProGen platform of modular fuel cell engines empowers OEMs and system integrators to adopt hydrogen fuel cell technology.

Plug Power Inc. is based out of Latham, NY and has some 835 employees. Its CEO is Andrew Marsh.

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