Yahoo finance plug power

Inshares suddenly zoomed, increasing 60 times in value. Over the next several years, however, the stock gave up nearly all of those gains. Yahoo finance plug power a history of huge runs followed by steep losses, it is fair to ask: What will happen to Plug Power stock over the next five-year period? Plug Power bills itself as a bet on clean energy.

Investors initially sold off the stock on this news, but then there was good news. On the other hand, while Plug's losses were gigantic, they were mainly "non-cash charges. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. See the 10 stocks. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Yahoo finance plug power

After selling off initially on the loss, Plug Power ended the day in the green. And according to investment banking firm Craig-Hallum, this is only the beginning. Is Craig-Hallum right in their analysis? Anything is possible, but to be perfectly honest, I'm not too keen on Plug Power's prospects to reward investors. Don't get me wrong. Both Plug and Craig-Hallum are almost certainly correct that the company can now "continue as a going concern" -- so long as people keep giving it money to burn. The fact is, Plug Power has managed to remain in business for more than 25 years of never earning a profit. It's also lost The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. See the 10 stocks. Rich Smith has no position in any of the stocks mentioned.

Silver

.

Also not a good look: The Plug Power earnings press release that announced the results came in an unusual form, lacking a lot of the detail usually included in such releases and -- most notably -- lacking the usual financial statements giving a detailed picture of how well or poorly a company is doing. Admittedly, some of these statements were included in yesterday's K filing with the SEC. However, Plug gave no specifics on its performance in Q4 in particular. Did Plug, for example, hit Wall Street's goal of at least maintaining sales in Q4 and maybe even growing them slightly? We don't know. Was its quarterly loss better or worse than expected? Plug didn't tell us that, either. And yet, Plug did have some positive news to report on one point in particular: "Plug has resolved the going concern issue as previously disclosed in the Form Q for the quarter ended September 30, , and has concluded that there is no longer substantial doubt of the Company's ability to continue as a going concern. In a press release devoid of a lot of details, I suspect it's this single line that is responsible for Plug stock erasing its early losses and turning green as we approach the noonday mark.

Yahoo finance plug power

Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. During this period, the Zacks Manufacturing - Electronics industry, which Plug Power falls in, has lost 1. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Paws pet sitters

In the s, NASA invested heavily into hydrogen-powered fuel cells, leading to several commercial innovations. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. Rich Smith, The Motley Fool. Target reported quarterly earnings that impressed stock market investors. Of course, new carbon taxes and other regulations could shift the equation at any time. Hydrogen fuel can be produced in several ways. PLUG Chart. At the current price-to-sales ratio , Plug Power stock would theoretically be worth more than 25 times its current value if management's revenue targets are realized. Story continues. In , shares suddenly zoomed, increasing 60 times in value. The 10 stocks that made the cut could produce monster returns in the coming years. Read full article

The only saving grace for the hydrogen stock would be its annual business update -- investors hoped the company would address some of its biggest concerns and help the languishing stock rebound. The stock had risen

Silver Hydrogen fuel can be produced in several ways. Nikkei 39, Recommended Stories. But make no mistake: Plug Power is living on borrowed time. Read full article 2. Oxy is a great business, but these two smaller peers are much better buys right now. FTSE 7, CMC Crypto This alternative future would likely be kind to the share price long term, but betting on a stock like Plug Power right now is simply that: a gamble. Over the next several years, however, the stock gave up nearly all of those gains.