News headlines about Hydrogenics (NASDAQ:HYGS) (TSE:HYG) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hydrogenics earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.2464064310863 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Analysts Expect Hydrogenics Co. (HYGS) Will Post Quarterly Sales of $10.20 Million (americanbankingnews.com)
- Hydrogenics Corp’s (NASDAQ:HYGS) Sentiment is 1.64 (nmsuherald.com)
- Global Hydrogen and Fuel Cells Market 2017-2023 – Panasonic, Fuel Cell Energy, Plug Power, Intelligent Energy … (thetechnicalprogress.com)
- Global Hydrogen Generator Market by 2023: Idroenergy, Air Products, Hydrogenics Corp, Hygear and Teledyne (truthtoday24.com)
- Global Hydrogen Fuel-Cell Electric Vehicles Market Outlook 2018- Daimler, Honda, Hyundai, Toyota, Audi (nwctrail.com)
HYGS opened at $8.00 on Friday. Hydrogenics has a 1-year low of $6.45 and a 1-year high of $11.99. The firm has a market capitalization of $118.09, a price-to-earnings ratio of -10.00 and a beta of 0.85.
Several equities research analysts have weighed in on HYGS shares. Zacks Investment Research raised shares of Hydrogenics from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Wednesday, January 3rd. HC Wainwright set a $10.00 price target on shares of Hydrogenics and gave the company a “buy” rating in a research note on Friday, March 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $10.50.
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.
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.