Why Plug Power's Stock is Trading Lower Today

The Price And Volume Action In Plug Power's Stock Today

Plug Power's PLUG stock has been falling Thursday, down 1.74% to a price of $67.7. The stock's current volume for the day is 34.59 million, which is approximately 79.5% of its previous 30-day average volume of 43.51 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Plug Power shares are trading lower after JP Morgan initiated coverage on the stock with a Neutral rating and $60 price target.

Further Analysis of Recent Price Action

The 50-day moving average price of Plug Power's stock was $29.78 when this article was published. The stock reached a high of $73.9 and a low of $2.53 in the past 52 weeks.

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