Hydrogenics Corporation (HYGS) Getting Somewhat Favorable Media Coverage, Accern Reports

News coverage about Hydrogenics Corporation (NASDAQ:HYGS) (TSE:HYG) has trended somewhat positive on Friday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hydrogenics Corporation earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 44.9116029087772 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

Hydrogenics Corporation (NASDAQ:HYGS) (TSE:HYG) last posted its quarterly earnings data on Wednesday, August 2nd. The energy company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.30). The business had revenue of $7.49 million during the quarter, compared to analyst estimates of $9.90 million. Hydrogenics Corporation had a negative return on equity of 88.76% and a negative net margin of 39.04%.

HYGS has been the subject of a number of recent analyst reports. Cowen and Company set a $9.00 price target on shares of Hydrogenics Corporation and gave the stock a “hold” rating in a research report on Tuesday, July 11th. Zacks Investment Research upgraded Hydrogenics Corporation from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a research note on Monday, July 17th. Roth Capital set a $11.00 price objective on Hydrogenics Corporation and gave the stock a “buy” rating in a research note on Monday, July 31st. ValuEngine cut Hydrogenics Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Finally, HC Wainwright restated a “buy” rating and set a $10.00 price objective on shares of Hydrogenics Corporation in a research note on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $10.00.

TRADEMARK VIOLATION NOTICE: “Hydrogenics Corporation (HYGS) Getting Somewhat Favorable Media Coverage, Accern Reports” was first published by Stock Observer and is owned by of Stock Observer. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.thestockobserver.com/2017/10/13/hydrogenics-corporation-hygs-getting-somewhat-favorable-media-coverage-accern-reports.html.

About Hydrogenics Corporation

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.

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

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

Leave a Reply