Trade Plug Power Inc - PLUG CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 0.05
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021401 %(-$1.07)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02140%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000821 %(-$0.04)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.00082%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021401 %
  (-$1.07)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000821 %
  (-$0.04)

Key Stats

• Prev. Close: 2.13
• Open: 2.13
• 1-Year Change: 22.41%
• Day's Range: 2.11 - 2.15

Trade Plug Power Inc - PLUG

Plug Power Inc (PLUG) is the world’s only provider of turnkey hydrogen fuel cell solutions across the transportation, aerial, robotic and stationary power applications sectors.

The company specialises in hydrogen fuel cell technology, which combines hydrogen and oxygen to create electricity, with water and heat as by-products making it a clean alternative energy source that can power anything from small drones to electric cars and even forklifts. 

Plug Power’s products include GenDrive for powering anything from forklifts to pallet jacks; ProGen for fuel cell engines; GenSure for backup power of low and high-power stationary applications; GenKey for turnkey implementation to easily adopt hydrogen; and fuel cell power and GenCare packages.

Founded in 1997, Plug Power deployed over 45,000 fuel cell units and is the largest buyer of liquid hydrogen. Some of its biggest customers include NASA, BMW (BMW), Boeing (BA) and Amazon (AMZN). The company is headquartered in Latham, New York, United States. It entered the European market in 2000.

Plug Power has acquired several other companies including developer of hydrogen fuel cell stack technology and fuel cell systems ReliOn Inc. and developer of Membrane Electrode Assembly (MEA) technology, the main catalyst for fuel cells to create electricity,  American Fuel Cell. 

The company had also joined ventures with Hyvia, the first company to offer turnkey for hydrogen solutions, and South Korea’s conglomerate SK Group. 

Plug Power went public on 29 October 1999 on Nasdaq under the ticker PLUG. The initial public offering (IPO) was valued at  $15 per share.