A Fresh Look at Valuation Following Recent Share Price Slide
Plug Power (PLUG) has drawn renewed attention from investors following a steep slide in its stock price over the past month. The company, a player in the hydrogen fuel cell market, is now trading at levels that some investors find intriguing.
See our latest analysis for Plug Power.
Plug Power’s story this year has been a wild ride. After a swift rally earlier in the quarter, recent weeks have seen the share price tumble, with a 33.9% decline over the last month alone. Despite short-term momentum fading, the stock still holds onto an 8.2% year-to-date share price gain. However, it remains deep in negative territory over the longer term, with a total shareholder return of -83% over three years.
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