Ballard Power Systems Inc (BLDP) Receives a Hold from Roth Capital

By Austin Angelo

According to The Fly, ballard Power Systems Inc (BLDPResearch Report), the Conglomerates sector company, was revisited by a Wall Street analyst today. The company received a Hold rating from Roth Capital’s analyst Craig Irwin.

According to TipRanks.com, Irwin is a 3-star analyst with an average return of 1.4% and a 46.6% success rate. Irwin covers the Industrial Goods sector, focusing on stocks such as Revolution Lighting Technologies, Ballard Power Systems, and Orion Energy Systems.

Ballard Power Systems Inc has an analyst consensus of Moderate Buy.

Ballard Power Systems Inc’s market cap is currently C$641.9M and has a P/E ratio of 0. The company has a Price to Book ratio of 4.32.

Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products. It focuses on power product markets of heavy duty motive, portable power, material handling, and backup power. The company was founded on November 12, 2008 and is headquartered in Burnaby, Canada.

The company’s shares closed on Friday at C$3.59, close to its 52-week low of C$3.44.