On Friday, Ballard Power Systems Inc. (NASDAQ: BLDP) opened lower -3.37% from the last session, before settling in for the closing price of $2.67. Price fluctuations for BLDP have ranged from $2.42 to $5.11 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 2.34%. Company’s average yearly earnings per share was noted 11.26% at the time writing. With a float of $242.25 million, this company’s outstanding shares have now reached $298.94 million.
Let’s determine the extent of company efficiency that accounts for 1173 employees.
Ballard Power Systems Inc. (BLDP) Insider Activity
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Ballard Power Systems Inc. is 19.08%, while institutional ownership is 20.62%.
Ballard Power Systems Inc. (BLDP) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -0.1 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.13) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.03% during the next five years compared to -32.26% drop over the previous five years of trading.
Ballard Power Systems Inc. (NASDAQ: BLDP) Trading Performance Indicators
Check out the current performance indicators for Ballard Power Systems Inc. (BLDP). In the past quarter, the stock posted a quick ratio of 10.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of Ballard Power Systems Inc. (BLDP)
Looking closely at Ballard Power Systems Inc. (NASDAQ: BLDP), its last 5-days average volume was 3.28 million, which is a jump from its year-to-date volume of 2.85 million. As of the previous 9 days, the stock’s Stochastic %D was 36.08%. Additionally, its Average True Range was 0.15.
During the past 100 days, Ballard Power Systems Inc.’s (BLDP) raw stochastic average was set at 12.96%, which indicates a significant increase from 10.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.94% in the past 14 days, which was lower than the 59.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.84, while its 200-day Moving Average is $3.27. However, in the short run, Ballard Power Systems Inc.’s stock first resistance to watch stands at $2.70. Second resistance stands at $2.81. The third major resistance level sits at $2.91. If the price goes on to break the first support level at $2.49, it is likely to go to the next support level at $2.39. Should the price break the second support level, the third support level stands at $2.28.
Ballard Power Systems Inc. (NASDAQ: BLDP) Key Stats
There are currently 299,387K shares outstanding in the company with a market cap of 772.43 million. Presently, the company’s annual sales total 102,370 K according to its annual income of -177,720 K. Last quarter, the company’s sales amounted to 14,450 K and its income totaled -41,290 K.
