155675 (BLD.TO) (TSE:BLD) Downgraded by Cormark to Hold

Cormark downgraded shares of 155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) from a moderate buy rating to a hold rating in a research note published on Monday morning, Zacks.com reports.

Several other brokerages also recently issued reports on BLD. Cibc World Mkts downgraded shares of 155675 (BLD.TO) from a hold rating to a strong sell rating in a research note on Tuesday, August 13th. TD Securities cut 155675 (BLD.TO) from a hold rating to a strong sell rating in a report on Monday, August 12th.

155675 (BLD.TO) Price Performance

155675 has a fifty-two week low of C$49.61 and a fifty-two week high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last posted its quarterly earnings data on Monday, August 12th. The company reported C($0.15) EPS for the quarter, beating analysts’ consensus estimates of C($0.18) by C$0.03. The company had revenue of C$21.90 million for the quarter, compared to analyst estimates of C$24.98 million.

About 155675 (BLD.TO)

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.