155675 (BLD.TO) (TSE:BLD) Stock Rating Lowered by Hsbc Global Res

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other research firms have also recently weighed in on BLD. TD Securities cut 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research report on Monday, August 12th. Cormark cut 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 16th. Finally, Cibc World Mkts cut 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 13th.

155675 (BLD.TO) Price Performance

155675 has a 12-month low of C$49.61 and a 12-month high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C($0.26) earnings per share for the quarter, missing the consensus estimate of C($0.18) by C($0.08). The business had revenue of C$20.13 million during the quarter, compared to analysts’ expectations of C$33.89 million.

155675 (BLD.TO) Company Profile

Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.