Return on Capital Employed Overview: Plug Power
Pulled from Benzinga Pro data Plug Power (NASDAQ:PLUG) reported Q2 sales of $124.56 million. Earnings fell to a loss of $89.64 million, resulting in a 85.65% decrease from last quarter.
Bank of America Note the Centrality of Hydrogen in the Clean Energy Market
The clean energy sector, encompassing solar and wind energy production, biomass and nuclear power, and green hydrogen fuel, is helping to combat climate change while showing strong and continued growth at the same time, making it an excellent potential investment option for investors who value environmental, social and governance (ESG) factors.
Looking Into Plug Power’s Return On Capital Employed
During Q2, Plug Power's (NASDAQ:PLUG) reported sales totaled $124.56 million. Despite a 85.65% in earnings, the company posted a loss of $89.64 million. Plug Power collected $71.96 million in revenue during Q1, but reported earnings showed a $48.28 million loss.
EV Week In Review: Tesla’s ‘AI Day’ Front And Center, Nio On Damage Control Mode, Romeo’s Rough Ride, Lordstown’s ‘Very Brief’ Shareholder Meeting
The bygone week was fairly calm on the EV front after weeks of a robust flow of news amid the earnings season. Tesla, Inc. (NASDAQ: TSLA)'s Elon Musk, however, provided the excitement that could last for the week and more, with the EV maker's AI Day presentation.
Expert Ratings For Plug Power
Plug Power (NASDAQ:PLUG) has observed the following analyst ratings within the last quarter:
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10 Industrials Stocks Showing Unusual Options Activity In Today’s Session
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Plug Power’s Unusual Options
On Friday, shares of Plug Power (NASDAQ:PLUG) saw unusual options activity. After the option alert, the stock price moved up to $24.2.
Plug Power Names Four New General Managers
Plug Power Inc (NASDAQ:PLUG) launched a new organizational design and appointed four general managers to meet the increasing demand for…
Why FuelCell And Plug Power Look Charged Up For A Drive North
FuelCell Energy Inc (NASDAQ: FCEL) and Plug Power Inc (NASDAQ: PLUG) have been pummeled since reaching all-time highs of $29.44 and $74.49, respectively.
If You Had $5,000 Right Now, Would You Put It On Tesla, Nio, Workhorse, Plug Power Or FuelCell?
Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
This week we posed the following question to over 2,000 Benzinga visitors on clean energy investing: