HC Wainwright lowered shares of Hydrogenics (TSE:HYG) (NASDAQ:HYGS) from a buy rating to a neutral rating in a report issued on Friday, June 28th, Zacks.com reports.
Separately, Roth Capital cut Hydrogenics from a buy rating to a neutral rating in a report on Monday, March 18th.
Shares of HYG traded up C$0.01 during mid-day trading on Friday, reaching C$19.46. 7,500 shares of the company’s stock traded hands, compared to its average volume of 8,363. The firm’s 50-day simple moving average is C$17.60. The company has a market cap of $368.35 million and a PE ratio of -22.34. The company has a quick ratio of 1.00, a current ratio of 1.71 and a debt-to-equity ratio of 41.55. Hydrogenics has a 12 month low of C$5.20 and a 12 month high of C$21.56.
Hydrogenics Corporation, together with its subsidiaries, designs, develops, and manufactures hydrogen generation products based on water electrolysis technology; and fuel cell products based on proton exchange membrane (PEM) technology. It operates through two segments, OnSite Generation and Power Systems.
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