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

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

Several other research firms have also commented on BLD. TD Securities lowered shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Monday, August 12th. Cibc World Mkts cut shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 13th.

155675 (BLD.TO) Price 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 released its earnings results on Monday, August 12th. The company reported C($0.15) earnings per share 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 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.