Is Plug Power (PLUG) Now Attractive After Recent Share Price Weakness?
- Wondering whether Plug Power’s share price around US$1.91 is starting to look like value, or if it still carries more risk than upside? You are not alone in asking that question right now.
- The stock has been flat over the last 7 days, while the 30 day return is a 20.7% decline, set against a 17.2% gain over 1 year and much weaker 3 and 5 year returns of 85.7% and 95.2% declines.
- Recent news flow has focused on Plug Power’s position in hydrogen and fuel cell markets, as investors weigh long term adoption potential against the company’s capital needs and execution risks. Headlines have also highlighted how sentiment around clean energy policy, project timelines and funding conditions is feeding into short term share price swings.
- Simply…
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