155675 (BLD.TO) (TSE:BLD) Upgraded by TD Cowen to Strong Sell Rating

TD Cowen upgraded shares of 155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) to a strong sell rating in a research report released on Monday,Zacks.com reports.

BLD has been the subject of several other reports. Cormark lowered shares of 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 16th. Hsbc Global Res cut 155675 (BLD.TO) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

155675 (BLD.TO) Stock 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 announced its earnings results on Tuesday, November 5th. The company reported C($0.26) earnings per share 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 analyst estimates of C$33.89 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.