Plug Power Inc. (PLUG) Jumps 5.87% on February 22

Equities Staff |

Plug Power Inc. (PLUG) was among the biggest gainers on the Russell 2000 for Monday February 22 as the stock popped 5.87% to $1.85, representing a gain of $0.1028 per share. Some 1.58 million shares traded hands on 3,079 trades, compared with an average daily volume of 2.55 million shares out of a total float of 179.98 million. The stock opened at $1.80 and traded with an intraday range of $1.88 to $1.77.

After today's gains, Plug Power Inc. reached a market cap of $333.48 million. Plug Power Inc. has had a trading range between $3.38 and $1.30 over the last year, and it had a 50-day SMA of $1.89 and a 200-day SMA of $2.19.

Plug Power Inc provides alternative energy technology. The Company is engaged in the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market.

Plug Power Inc. is based out of Latham, NY and has some 326 employees. Its CEO is Andrew Marsh.

For a complete fundamental analysis analysis of Plug Power Inc., check out Equities.com’s Stock Valuation Analysis report for PLUG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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