NasdaqCM:PLUGElectrical
Is Plug Power a Bargain After New Hydrogen Deals and a 93.8% Five Year Slump?
If you are wondering whether Plug Power at around $2 a share is a beaten-down bargain or a value trap, you are not alone. This is exactly what we are going to unpack.
The stock has bounced about 11.1% over the last month, but it is still down 5.6% year to date and a huge 93.8% over five years. This suggests that sentiment has been on a long, painful slide.
Recent headlines have focused on Plug Power securing new green hydrogen and fuel cell deployment deals, as well as ongoing funding and...