155675 (BLD.TO) (TSE:BLD) Rating Lowered to “Hold” at Hsbc Global Res

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

A number of other brokerages also recently issued reports on BLD. Cormark downgraded shares of 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a report on Monday, September 16th. Cibc World Mkts cut shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 13th. Finally, TD Securities cut 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 twelve month low of C$49.61 and a twelve month high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.18) by C($0.08). The company had revenue of C$20.13 million for 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.