Plug Power Inc (NASDAQ:PLUG) shares decline by 14.06%, Cereplast Inc (OTCMKTS:CERP)

Posted by Samantha Donahue May 31, 2013 0 Comment 678 views


Hartford, CT 05/31/2013 (GDPInsider) – Plug Power Inc (NASDAQ:PLUG) opened trading session at $0.43 per share after it had closed at $0.372, down by 14.06% (-$0.061). The stock price has so far seen rise and fall ranging from $0.37 to $0.44 while in the past 52 weeks it has ranged from $0.12 – $1.30. The average number of shares traded 3.59 million. Against 63.80 million outstanding shares, the company posts a dismal earnings-per-share figure of -$0.95 which means it is suffering losses and is doing badly. It has an even beta figure of 1.08 which shows that its stock is only 8% more volatile than the market, but investors can still expect this stock to give higher returns in case markets jump but they should also be aware that its fall will be steeper if markets go down.

Is PLUG a solid investment at these levels? Get valuable updates and exclusive insights here.

Cereplast Inc (OTCMKTS:CERP) opened trading session at $0.03 per share after it had closed at $0.0275,  down by 10.13% (-$0.0031). The stock price has so far seen rise and fall ranging from $0.03 to $0.03 while in the past 52 weeks it has ranged from $0.01 – $0.54. The number of shares traded so far stands at 15.04 million as compared to the 30-day average of 17.97 million. Against 332.68 million outstanding shares, the company posts a dismal earnings-per-share figure of -$1.16 which means it is bearing losses and is doing badly. It has a low beta figure of 0.86 which shows that its stock is 14% less volatile than the market, meaning that investors can expect this stock to give lower returns in case markets jump but they should also be aware that its fall will be less steep if markets go down.

How Should Investors Trade CERP Now? Get key and important information right here.

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About Samantha Donahue

Samantha Donahue is a digital fellow with GDP insider. Samantha earned a Bachelor's degree in Government from Cornell University and later his Master's degree in Journalism from Columbia University. She has also received numerous awards from the Associated Press, Society of Professional Journalists, and other media organizations for many of her exclusive stories. Samantha thrives reporting on breaking news and as a general assignments news reporter.

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