|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||3.90 / 11.25|
Backlog Breaks $150 Million as Company Bolsters Balance Sheet and Positions for Growth
In recent trading, shares of Hydrogenics Corp have crossed above the average analyst 12-month target price of $9.50, changing hands for $9.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Recent Developments Build Momentum for Growth in 2017 & Beyond
New Industry Benchmark for Electrolytic Hydrogen Generation
Largest Renewable Hydrogen Fueling Station in the U.S. and Power Modules for Buses
Latest win brings Hydrogenics Power-to-Gas Portfolio of Projects to over 20 MW
Significant Potential for Growth in 2017
Initial Contract Value of $4 Million, with Follow-On Awards Expected in 2017
Record Backlog; Debt Facility Secured; Strong Outlook for Growth
North America's Largest Renewable Hydrogen Plant to Power Fuel Cell Vehicles
Booked $16.2 Million of Orders; Gross Margin Climbs Year-over-Year on 25% Revenue Growth
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