Is This The Future Of Green Energy?
Where there’s power being produced, there are researchers looking into how it might be harvested and put to use, n...
by Debra Fiakas CFA
In the last post on Hydrogenics,
Nasdaq) in April 2014, the stock seemed to be languishing on news of
a potentially dilutive common stock offering. At the time
profits still seem illusive. However, over the last few months
circumstances have improved. Shares of Hydrogenics have moved
higher on the company’s recent introduction of a fuel cell power
system for medium and heavy duty vehicles. Additionally, in
July this year Hydrogenics was chosen by Ontario as one of five grid
storage projects. This has turned HYGS into an interesting
stock to watch.
What sets Hydrogenis apart from the rest of the fuel cell developers
is the company’s innovation of low pressure, dry air stack
technology. There is no need for air compressors or
humidification equipment, offering a compelling value
proposition. Hydrogenics management is confident the
manufacturers of large vehicles such as buses or heavy duty trucks
find its fuel cell system easy to integrate.
The company is in a good position to move on the market opportunity
for fuel cell cell systems. Hydrogenics raised approximately
$14 million in new capital in May 2014, through a common stock
offering. Cash balance at the end of June 2014, was $16.7
million. Operations still require cash support, but we expect
the cash burn rate to decline in the coming quarters.
The clutch of analysts following Hydrogenics have projected the
company will report its first profits in the final quarter of
2014. In the full year 2014, the consensus estimate is for
earnings per share of $0.07 on $71.9 million in total sales.
Hydrogenics is scheduled to release third quarter 2014, financial
results in early November. It is worthwhile tuning
in for that report. Management should be able to provide some
clues as to whether the consensus estimate is
Debra Fiakas is the Managing Director of Crystal Equity
Research, an alternative
research resource on small capitalization companies in selected
Neither the author of the Small Cap
Strategist web log,
Crystal Equity Research nor its affiliates have a beneficial
interest in the companies mentioned herein.
The campaign to represent California’s 7th House District is a clear contest between old and new. The incumbent is a freshman who is looking ahead to …
Read more: Ami Bera, Arctic Drilling, Clean Energy, Doug Ose, Energy Effic…
U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.
Date: 10/29/2014Source: M. Clements, National Association of Farm Broadcasters Audio with Jim Michael, President of Alliance Power Inc. (MP3 4.5 MB). Download Windows Media Player. Time: 00:03:16.
Wind energy is paying dividends for rural economies….
The Green News Report is also available via…
IN TODAY’S RADIO REPORT: Climate Change and Election 2014: High stakes on energy, the environmen…
Read more: BRAD BLOG, Carbon Dioxide, Carbon Emissions, Carbon Pollution, …
With a Masters from Brown University in Environmental Studies, a PhD in Urban Planning and Public Policy, and a teaching post at the New School for Public Engagement, Ana Baptista is well-equipped to move the needle on the environmental issu…
Do you get annoyed when you see recycling in plastic bags? New research shows that lots of people who put their recycling in the bin in a bag genuinely think the items will be recycled. Unfortunately they’re wrong, recycling in plastic bags ends up in …