155675 (BLD.TO) (TSE:BLD) Stock Rating Lowered by Cormark

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

Several other equities research analysts 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 research report on Monday, August 12th.

155675 (BLD.TO) Stock 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 results on Monday, August 12th. The company reported C($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.18) by C$0.03. The firm had revenue of C$21.90 million for the quarter, compared to the consensus estimate 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.