Today’s Research Reports on Trending Tickers: Plug Power and Energous Corp.

NEW YORK, NY / ACCESSWIRE / April 10, 2018 / U.S. markets rallied in early trading Monday on the strength of technology stocks and the easing of trade relations between the U.S. and China. However, most of the day’s gains were lost in the final minutes of trading following news that FBI raided President Trump’s personal lawyer’s office. The Dow Jones Industrial Average gained 0.19 percent to close at 23,979.10, while the S&P 500 Index rose 0.33 percent to close at 2,613.16. The tech-heavy Nasdaq Composite Index jumped 0.51 percent to close at 6,950.34. All of the FANG (Facebook, Amazon, Netflix and Google’s parent company Alphabet) saw gains of over 1.0 percent.

“Right now, investors are learning how Trump operates in negotiating. He made an initial stance, trying to get the other side to cave in a bit, but recent commentary toward China has been more reserved and friendly, which is why we’re higher today,” said Sam Stovall, chief investment strategist of U.S. equity strategy at CFRA, according to CNBC.

RDI Initiates Coverage on:

Plug Power, Inc.
https://rdinvesting.com/news/?ticker=PLUG

Energous Corp.
https://rdinvesting.com/news/?ticker=WATT

Plug Power’s stock moved 1.67% higher Monday, to close the day at $1.83. The stock recorded a trading volume of 2,543,937 shares, which was below its three months average volume of 3,745,149 shares. In the last year, Plug Power’s shares have traded in a range of 1.53 – 3.21. The share price has gained 19.61% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $1.90 is below its 200-day moving average of $2.29. Shares of Plug Power have fallen roughly 5.67 percent in the past month and are down 22.46 percent year-to-date.

Access RDI’s Plug Power, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PLUG

On Monday, shares of Energous recorded a trading volume of 1,290,315 shares, which was below the three months average volume of 1,906,521 shares. The stock ended the day 5.25% higher at 16.65. The share price has gained 140.96% from its 52-week low with a 52-week trading range of 6.91 – 33.50. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $19.16 is greater than its 200-day moving average of $14.89. Shares of Energous have fallen roughly 24.15 percent in the past month and are down 14.40 percent year-to-date.

Access RDI’s Energous Corp. Research Report at:
https://rdinvesting.com/news/?ticker=WATT

Our Actionable Research on Plug Power, Inc. (NASDAQ:PLUG) and Energous Corp. (NASDAQ:WATT) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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