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Hydrogenics Corporat (NASDAQ:HYGS) issued its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.25, StockRatingsNetwork.com reports. The company had revenue of $10.70 million for the quarter, compared to the consensus estimate of $11.35 million.

Shares of Hydrogenics Corporat (NASDAQ:HYGS) traded up 1.63% during mid-day trading on Wednesday, hitting $21.15. The stock had a trading volume of 51,063 shares. Hydrogenics Corporat has a 1-year low of $10.52 and a 1-year high of $35.52. The stock’s 50-day moving average is $17.64 and its 200-day moving average is $21.21. The company’s market cap is $192.2 million.

Several analysts have recently commented on the stock. Analysts at Jennings Capital initiated coverage on shares of Hydrogenics Corporat in a research note on Wednesday, June 18th. They set a “buy” rating on the stock. Analysts at Canaccord Genuity cut their price target on shares of Hydrogenics Corporat from $35.00 to $32.00 in a research note on Friday, May 16th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $28.07.

Hydrogenics Corporation (NASDAQ:HYGS) together with its subsidiaries, designs, develops and manufactures hydrogen generation products based on water electrolysis technology and fuel cell products based on proton exchange membrane (PEM) technology.

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