Media stories about Plug Power (NASDAQ:PLUG) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Plug Power earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 46.6531845861211 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

A number of research firms have recently issued reports on PLUG. Zacks Investment Research downgraded Plug Power from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Cowen and Company set a $3.00 price target on Plug Power and gave the stock a “buy” rating in a research report on Thursday, August 10th. HC Wainwright set a $4.00 price target on Plug Power and gave the stock a “buy” rating in a research report on Wednesday, August 9th. BidaskClub downgraded Plug Power from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, FBR & Co reissued an “outperform” rating and set a $3.50 price target (up previously from $3.00) on shares of Plug Power in a research report on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $2.83.

Plug Power (PLUG) traded down 0.230% during trading on Tuesday, hitting $2.165. The stock had a trading volume of 1,083,003 shares. The company’s market cap is $486.54 million. Plug Power has a one year low of $0.83 and a one year high of $2.70. The firm has a 50 day moving average of $2.18 and a 200-day moving average of $1.94.

Plug Power (NASDAQ:PLUG) last issued its quarterly earnings data on Tuesday, August 8th. The electronics maker reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.03). Plug Power had a negative net margin of 112.95% and a negative return on equity of 86.35%. The firm had revenue of $22.60 million during the quarter, compared to analyst estimates of $28.58 million. During the same period in the previous year, the firm posted ($0.04) earnings per share. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. Equities analysts anticipate that Plug Power will post ($0.32) earnings per share for the current fiscal year.

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About Plug Power

Plug Power Inc is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn.

Insider Buying and Selling by Quarter for Plug Power (NASDAQ:PLUG)

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