Markets

Hydrogenics (HYGS) Looks Good: Stock Adds 5.3% in Session

Hydrogenics CorporationHYGS was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on the company's announcement that it has received orders for fuel cell power modules of nearly $2 million from a U.S.-based developer of hydrogen powered forklifts. This reverses the recent downtrend for the company since Nov 18, as the stock is now down more than 35%.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hydrogenics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked other alternate energy stock is FuelCell Energy Inc. FCEL , which holds a Zacks Rank #2 (Buy).

Is HYGS going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

HYDROGENICS CP (HYGS): Free Stock Analysis Report

FUELCELL ENERGY (FCEL): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

FCEL

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More