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BidaskClub downgraded Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) to Hold in a report released today.

BidaskClub has downgraded Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) to Hold in a report released on 7/08/2017.

Previously on Tuesday July 04, 2017, Zacks Investment Research reported about Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) raised the target price from $0.00 to $3.25. At the time, this indicated a possible upside of 0.13%.

Yesterday Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) traded -2.16% lower at $2.74. The company’s 50-day moving average is $2.89 and its two hundred day average is $2.57. With the last close up 5.93% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Volume of trade was up over the average, with 1,555,886 shares of BLDP changing hands over the typical 914,378

Performance Chart

Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)

With a total market value of $0, Ballard Power Systems Inc. (USA) has with a one year low of $1.61 and a one year high of $3.48 .

More About Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)

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. As of December 31, 2016, the Company provided products in four product classes, such as Fuel cell stacks, Fuel cell modules, Fuel cell systems and Power management systems. The Company provides FCgen and FCveloCity fuel cell stacks to original equipment manufacturer (OEM) customers and system integrators that use the stacks to produce fuel cell systems for power solutions.

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