Hydrogenics (HYGS) Getting Somewhat Favorable News Coverage, Analysis Shows

News articles about Hydrogenics (NASDAQ:HYGS) (TSE:HYG) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hydrogenics earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave press coverage about the energy company an impact score of 45.6906317410902 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

How to Become a New Pot Stock Millionaire

Several brokerages have issued reports on HYGS. ValuEngine downgraded shares of Hydrogenics from a “sell” rating to a “strong sell” rating in a research note on Saturday. Zacks Investment Research raised shares of Hydrogenics from a “sell” rating to a “hold” rating in a report on Wednesday, March 14th. Finally, HC Wainwright set a $10.00 price objective on shares of Hydrogenics and gave the company a “buy” rating in a report on Friday, March 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Hydrogenics currently has a consensus rating of “Hold” and an average price target of $10.50.

NASDAQ HYGS traded down $0.15 on Friday, hitting $7.85. The stock had a trading volume of 24,717 shares, compared to its average volume of 43,017. Hydrogenics has a 52-week low of $6.45 and a 52-week high of $11.99. The firm has a market capitalization of $121.18, a P/E ratio of -9.81 and a beta of 0.85.

Hydrogenics (NASDAQ:HYGS) (TSE:HYG) last released its quarterly earnings results on Thursday, March 8th. The energy company reported ($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.03). Hydrogenics had a negative return on equity of 57.54% and a negative net margin of 23.18%. The firm had revenue of $19.53 million during the quarter, compared to analysts’ expectations of $16.43 million. analysts forecast that Hydrogenics will post -0.13 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Hydrogenics (HYGS) Getting Somewhat Favorable News Coverage, Analysis Shows” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/3341625/hydrogenics-hygs-getting-somewhat-favorable-news-coverage-analysis-shows.html.

Hydrogenics Company Profile

Hydrogenics Corp. designs, develops and manufactures hydrogen generation and fuel cell products based on water electrolysis technology and proton exchange membrane technology. It operates through two segments: OnSite Generation and Power Systems. The OnSite Generation segment is based on water electrolysis technology which involves the decomposition of water into oxygen and hydrogen gas by passing an electric current through a liquid electrolyte and a polymer electrolyte membrane.

Insider Buying and Selling by Quarter for Hydrogenics (NASDAQ:HYGS)

Receive News & Ratings for Hydrogenics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hydrogenics and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Prospectors Gold 24-Hour Volume Hits $0.00
Prospectors Gold 24-Hour Volume Hits $0.00
Flixxo  1-Day Volume Reaches $755,380.00
Flixxo 1-Day Volume Reaches $755,380.00
PonziCoin  Trading Down 21.5% Over Last Week
PonziCoin Trading Down 21.5% Over Last Week
Critical Comparison: Vedanta  vs. KAZ Minerals
Critical Comparison: Vedanta vs. KAZ Minerals
Brokerages Expect Masonite International  Will Announce Earnings of $0.67 Per Share
Brokerages Expect Masonite International Will Announce Earnings of $0.67 Per Share
LKQ Co.  Expected to Post Quarterly Sales of $2.63 Billion
LKQ Co. Expected to Post Quarterly Sales of $2.63 Billion


Leave a Reply

© 2006-2018 Ticker Report. Google+.