Hydrogenics Corporation (HYGS) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 29% in the past one-month time frame.
This fuel cell operating system development company has seen one positive revision in the last one month and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Hydrogenics Corp. So make sure to keep an eye on this stock going forward to see if Friday’s gain can turn into more strength down the road.
Hydrogenics Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked stocks in the broader oil-energy sector include Tesco Corporation (TESO), Synergy Resources Corporation (SYRG) and Pacific Drilling S.A. (PACD). While Synergy Resources and Pacific Drilling hold a Zacks Rank #2 (Buy), Tesco Corporation carries a Zacks Rank #1 (Strong Buy).
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HYDROGENICS CORP NEW (HYGS): Free Stock Analysis Report
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Hydrogenics Corp. (HYGS) Jumps: Stock Rises 6.4%
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