Hydrogenics (HYGS) Shows Strength: Stock Moves 6.4% Higher

Hydrogenics Corporation HYGS was a big mover last session, as the company saw its shares rise a little above 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $7.03 to $8.95 in the past one-month time frame.

The company has seen one positive and negative estimate revisions in the past 30 days. Also, its Zacks Consensus Estimate moved higher over the same timeframe. Yesterday's 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).

Hydrogenics Corporation Price

 

A better-ranked stock in the broader industrial goods sector is Altra Industrial Motion Corp. AIMC, which holds a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

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

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Altra Industrial Motion Corp. AIMC: Free Stock Analysis Report
 
Hydrogenics Corporation HYGS: Free Stock Analysis Report
 
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