Hydrogenics’ (HYG) “Buy” Rating Reaffirmed at Roth Capital

Roth Capital reiterated their buy rating on shares of Hydrogenics Co. (TSE:HYG) (NASDAQ:HYGS) in a report released on Wednesday morning.

Several other equities research analysts have also issued reports on the company. HC Wainwright reaffirmed a buy rating on shares of Hydrogenics in a research report on Monday, May 15th. Craig Hallum reaffirmed a buy rating on shares of Hydrogenics in a research report on Monday, May 15th.

Hydrogenics (TSE:HYG) opened at 9.66 on Wednesday. Hydrogenics has a 12-month low of $5.38 and a 12-month high of $10.77. The firm’s market capitalization is $121.20 million. The firm has a 50 day moving average of $9.53 and a 200 day moving average of $7.77.

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Hydrogenics Company Profile

Hydrogenics Corp is a Canada-based firm, which designs 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.

12 Month Chart for TSE:HYG

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