Ballard Power Systems Inc. (BLDP) concluded trading on Wednesday at a closing price of $3.28, with 7.01 million shares of worth about $23.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.95% during that period and on Wednesday, January 31 the price saw a gain of about 1.23%. Currently the company’s common shares owned by public are about 298.39M shares, out of which, 241.66M shares are available for trading.
However, the stock later moved at a day high price of 3.3688, or with a gain of 1.23%. Stock saw a price change of -4.09% in past 5 days and over the past one month there was a price change of -11.35%. Year-to-date (YTD), BLDP shares are showing a performance of -11.35% which decreased to -47.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.91 but also hit the highest price of $7.10 during that period. The average intraday trading volume for Ballard Power Systems Inc. shares is 2.53 million. The stock is currently trading -2.99% below its 20-day simple moving average (SMA20), while that difference is down -7.21% for SMA50 and it goes to -18.31% lower than SMA200.
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Ballard Power Systems Inc. (NASDAQ: BLDP) currently have 298.39M outstanding shares and institutions hold larger chunk of about 24.82% of that.
The stock has a current market capitalization of $979.80M and its 3Y-monthly beta is at 1.68. It has posted earnings per share of -$0.54 in the same period. It has Quick Ratio of 11.59 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BLDP, volatility over the week remained 5.34% while standing at 5.21% over the month.
Analysts are in expectations that Ballard Power Systems Inc. (BLDP) stock would likely to be making an EPS of -$0.13 in the current quarter, while forecast for next quarter EPS is -$0.13 and it is -$0.51 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.15 which is -$0.1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 5.20% while it is estimated to increase by 10.09% in next year. EPS is likely to grow at an annualized rate of 0.03% for next 5-years, compared to annual growth of -63.38% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on October 24, 2023 offering a Buy rating for the stock and assigned a target price of $4.50 to it.
