After Falling More Than 50%, Is Plug Power Stock a Buy?

Rekha Khandelwal, The Motley Fool
·5-min read
After Falling More Than 50%, Is Plug Power Stock a Buy?

Fuel cell maker Plug Power's (NASDAQ: PLUG) stock has fallen nearly 60% from its high price of more than $73 this year. In January, Plug Power stock was trading at a price-to-sales ratio of around 104. In the last year, Plug Power's outstanding shares have increased 82%.