Sysco (NYSE:SYY) Orders Fuel Cells

Categories: Technology





Sysco (NYSE:SYY) Corporation has ordered new GenDrive fuel cells for its Virginia facility.

Sysco (NYSE:SYY) shares are currently standing at 29.96.

Sysco (NYSE:SYY) Orders Fuel Cells

Under this new order, Plug Power Inc, a leader in providing clean, reliable energy solutions will supply 100 hydrogen fuel cell units for Sysco’s (NYSE:SYY) Front Royal Virginia Baugh Northeast Co-op, Inc.

This is the third order the company is receiving from Sysco (NYSE:SYY) Corporation.

Andy Marsh, CEO at Plug Power said, “It’s extremely rewarding to see our commercially viable GenDrive products making a substantial impact for another repeat customer. I’m optimistic that we’ll see more of Sysco’s (NYSE:SYY) distribution centers convert to fuel cells as the benefits continue to be realized within the organization.”

If you’re contemplating investing in Sysco (NYSE:SYY) stocks, make sure you make the trade at the right price. Finding a gap in the market or technical analysis can be a fruitless exercise, but do take into account the price history:

Price History
Last Price: 29.96
52 Week Low / High: 26.99 / 31.99
50 Day Moving Average: 29.34
6 Month Price Change %: -1.1%
12 Month Price Change %: 6.8%

We will be monitoring the Sysco (NYSE:SYY) stock price for changes over the next few weeks.


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