On Friday, Ballard Power Systems Inc (NASDAQ: BLDP) opened lower -0.59% from the last session, before settling in for the closing price of $1.70. Price fluctuations for BLDP have 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%. Company’s average yearly earnings per share was noted -70.81% at the time writing. 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) 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 17.95%, while institutional ownership is 19.66%.
Ballard Power Systems Inc (BLDP) Earnings and Forecasts
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
Check out the current performance indicators for Ballard Power Systems Inc (BLDP). In the past quarter, the stock posted a quick ratio of 8.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.54.
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 8.38 million, which is a jump from its year-to-date volume of 3.35 million. As of the previous 9 days, the stock’s Stochastic %D was 76.54%. Additionally, its Average True Range was 0.11.
During the past 100 days, Ballard Power Systems Inc’s (BLDP) raw stochastic average was set at 56.79%, which indicates a significant increase from 52.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.53% in the past 14 days, which was lower than the 69.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5224, while its 200-day Moving Average is $2.1700. However, in the short run, Ballard Power Systems Inc’s stock first resistance to watch stands at $1.7367. Second resistance stands at $1.7833. The third major resistance level sits at $1.8267. If the price goes on to break the first support level at $1.6467, it is likely to go to the next support level at $1.6033. Should the price break the second support level, the third support level stands at $1.5567.
Ballard Power Systems Inc (NASDAQ: BLDP) Key Stats
There are currently 299,421K shares outstanding in the company with a market cap of 506.02 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 14,760 K and its income totaled -205,020 K.
