155675 (BLD.TO) (TSE:BLD) Downgraded to “Hold” at Cormark

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) was downgraded by research analysts at Cormark from a “moderate buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks.com reports.

Other equities research analysts also recently issued reports about the company. Cibc World Mkts downgraded 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 13th. TD Securities lowered shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research report on Monday, August 12th.

155675 (BLD.TO) Price Performance

155675 has a 1-year low of C$49.61 and a 1-year high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last issued its quarterly earnings data on Monday, August 12th. The company reported C($0.15) earnings per share for the quarter, topping the consensus estimate of C($0.18) by C$0.03. The business had revenue of C$21.90 million during the quarter, compared to the consensus estimate of C$24.98 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.