Two Sigma Advisers Reduces $26M in Ballard Power Systems Inc. ($BLDP)
Key Points
- Two Sigma Advisers changed its Ballard Power Systems Inc. ($BLDP) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $BLDP is Hold and an average price target of $4.52.
- $BLDP last traded around $4.21.
Two Sigma Advisers reduced its position in Ballard Power Systems Inc. ($BLDP), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Ballard Power Systems Inc. after selling 6,242,000 shares during the quarter.
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About Ballard Power Systems Inc.
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers products for various applications focusing on power products for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training, as well as offers engineering and technology transfer services. The company operates in the United States, Poland, Canada, Germany, the United Kingdom, Egypt, Spain, China, the Netherlands, Denmark, France, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.
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