Hydrogenics Corporation (USA) (NASDAQ:HYGS) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 9, 2016
Zacks Investment Research has upgraded Hydrogenics Corporation (USA) (NASDAQ:HYGS) to Hold in a statement released on 10/05/2016.
On 07/14/2015, H.C. Wainwright released a statement on Hydrogenics Corporation (USA) (NASDAQ:HYGS) upped the target price from $0.00 to $13.00 that suggested an upside of 0.27%.
Having a price of $6.63, Hydrogenics Corporation (USA) (NASDAQ:HYGS) traded -1.20% lower on the day. With the last close down -7.96% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Hydrogenics Corporation (USA) has recorded a 50-day average of $5.75 and a two hundred day average of $7.17. Volume of trade was down over the average, with 33,556 shares of HYGS changing hands under the typical 55,777
With a total market value of $0, Hydrogenics Corporation (USA) has with a one year low of $4.65 and a one year high of $12.08 .
Brief Synopsis About Hydrogenics Corporation (USA) (NASDAQ:HYGS)
Hydrogenics Corporation designs, develops and manufactures hydrogen generation products based on water electrolysis technology, and fuel cell products based on proton exchange membrane (PEM) technology. The Company's segments are Onsite Generation and Power Systems. The OnSite Generation segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets. The Power business segment is based in Mississauga, Canada, with a satellite facility in Gladbeck, Germany. The Company's products include HySTAT hydrogen generation equipment and HyPM fuel cell products. It has facilities in Mississauga, Ontario, Canada; Oevel-Westerlo, Belgium, and Gladbeck, Germany. It also has sales and service offices in Eastern Europe and North America. The Company has operations in Belgium, Canada and Germany with satellite offices in the United States and branch offices in Russia and Indonesia. Its products are sold around the world.
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