No matter how cynical the overall market is, Ballard Power Systems Inc. (BLDP) performance over the last week is recorded -9.52%

Ballard Power Systems Inc. (NASDAQ: BLDP) on Friday, plunged -3.18% from the previous trading day, before settling in for the closing price of $1.57. Within the past 52 weeks, BLDP’s price has moved between $1.55 and $4.01.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Industrials Sector giant was 2.34%. The company achieved an average annual earnings per share of 16.83%. With a float of $245.65 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. In terms of profitability, gross margin is -29.09%, operating margin of -154.8%, and the pretax margin is -139.59%.

Ballard Power Systems Inc. (BLDP) Breakdown of a Key Holders of the stock

Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Ballard Power Systems Inc. is 17.95%, while institutional ownership is 22.91%.

Ballard Power Systems Inc. (BLDP) Recent Fiscal highlights

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.28 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.18) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.83% per share during the next fiscal year.

Ballard Power Systems Inc. (NASDAQ: BLDP) Trading Performance Indicators

Ballard Power Systems Inc. (BLDP) is currently performing well based on its current performance indicators. A quick ratio of 10.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.37.

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 -0.43 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 3.26 million, which is a jump from its year-to-date volume of 2.82 million. As of the previous 9 days, the stock’s Stochastic %D was 25.60%. Additionally, its Average True Range was 0.08.

During the past 100 days, Ballard Power Systems Inc.’s (BLDP) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.01% in the past 14 days, which was lower than the 54.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7322, while its 200-day Moving Average is $2.5298. However, in the short run, Ballard Power Systems Inc.’s stock first resistance to watch stands at $1.5733. Second resistance stands at $1.6267. The third major resistance level sits at $1.6533. If the price goes on to break the first support level at $1.4933, it is likely to go to the next support level at $1.4667. Now, if the price goes above the second support level, the third support stands at $1.4133.

Ballard Power Systems Inc. (NASDAQ: BLDP) Key Stats

Market capitalization of the company is 455.10 million based on 299,392K outstanding shares. Right now, sales total 102,370 K and income totals -177,720 K. The company made 16,000 K in profit during its latest quarter, and -31,460 K in sales during its previous quarter.