|Bid||124.66 x 800|
|Ask||124.74 x 800|
|Day's Range||123.15 - 126.43|
|52 Week Range||101.44 - 242.59|
|Beta (5Y Monthly)||1.47|
|PE Ratio (TTM)||64.64|
|Earnings Date||Apr 27, 2023 - May 01, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||193.75|
Battery- and hydrogen-powered electric truck maker Nikola (NASDAQ: NKLA) released a slew of new developments this week, including an important partnership today. In just the past three days, Nikola has announced a partnership to expand the use of electric Class 8 heavy truck fleets, the 100th sales order for its Tre hydrogen fuel trucks, and today the intent to purchase hydrogen production equipment for those fleets from Chart Industries. Further uncertainty was added to start the week when Nikola said its CFO was retiring effective next week.
It seems curious, therefore, that shares of fuel cell and hydrogen specialist Plug Power (NASDAQ: PLUG) are rising strongly today. As of 11:35 a.m. ET, shares of Plug Power are up 3.7%, ebbing from their earlier rise of 5.2%. Nikola, a manufacturer of hydrogen-powered vehicles, and Chart Industries announced today that they have executed an agreement regarding hydrogen storage and related equipment.
ATLANTA and PHOENIX, March 30, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS), a leading global engineering design and manufacturer of highly engineered equipment servicing multiple applications in the clean energy and industrial gas markets, and Nikola Corporation (NASDAQ: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, executed a strategic collaboration agreement including liquid hydrogen storage tanks, t