155675 (BLD.TO) (TSE:BLD) Cut to Hold at Cormark

Cormark downgraded shares of 155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) from a moderate buy rating to a hold rating in a research note published on Monday morning, Zacks.com reports.

BLD has been the topic of a number of other research reports. TD Securities downgraded 155675 (BLD.TO) from a hold rating to a strong sell rating in a research 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) Stock 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 issued its quarterly earnings data on Monday, August 12th. The company reported C($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.18) by C$0.03. The firm had revenue of C$21.90 million during the quarter, compared to analyst estimates of C$24.98 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.