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Wednesday, August 10, 2011

Earnings Results Are In: (PLUG)

Plug Power Inc (PLUG) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $-0.27 per share, and the company reported $-0.52 per share. Actual earnings missed estimated earnings by $-0.25 per share. Investors might expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. There is currently 1 analyst covering this firm. Investors can look to their reports for more information. Shares of PLUG fell by 7.65% or $-0.1125/share to $1.36. In the past year, the shares have traded as low as $1.37 and as high as $10.70. On average, 422865 shares of PLUG exchange hands on a given day and today's volume is recorded at 184664.