Ballard Power Systems Inc (BLDP) with a beta value of 1.70 appears to be a promising investment opportunity.

A new trading day began on Friday, with Ballard Power Systems Inc (NASDAQ: BLDP) stock price up 8.00% from the previous day of trading, before settling in for the closing price of $1.50. BLDP’s price has ranged from $1.23 to $3.83 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%. Meanwhile, its annual earnings per share averaged -70.81%. With a float of $245.67 million, this company’s outstanding shares have now reached $299.42 million.

Let’s determine the extent of company efficiency that accounts for 1173 employees. In terms of profitability, gross margin is -38.96%, operating margin of -202.15%, and the pretax margin is -313.01%.

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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Ballard Power Systems Inc is 17.95%, while institutional ownership is 19.66%.

Ballard Power Systems Inc (BLDP) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -70.81% per share during the next fiscal year.

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

Here are Ballard Power Systems Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 8.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.10, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.40 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 8.82 million, which is a jump from its year-to-date volume of 3.28 million. As of the previous 9 days, the stock’s Stochastic %D was 16.22%. Additionally, its Average True Range was 0.12.

During the past 100 days, Ballard Power Systems Inc’s (BLDP) raw stochastic average was set at 36.28%, which indicates a significant decrease from 44.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.88% in the past 14 days, which was higher than the 70.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5192, while its 200-day Moving Average is $2.1960. However, in the short run, Ballard Power Systems Inc’s stock first resistance to watch stands at $1.6800. Second resistance stands at $1.7400. The third major resistance level sits at $1.8300. If the price goes on to break the first support level at $1.5300, it is likely to go to the next support level at $1.4400. Now, if the price goes above the second support level, the third support stands at $1.3800.

Ballard Power Systems Inc (NASDAQ: BLDP) Key Stats

With a market capitalization of 485.06 million, the company has a total of 299,421K Shares Outstanding. Currently, annual sales are 102,370 K while annual income is -177,720 K. The company’s previous quarter sales were 14,760 K while its latest quarter income was -205,020 K.