A new trading day began on Monday, with Ballard Power Systems Inc (NASDAQ: BLDP) stock price down -6.86% from the previous day of trading, before settling in for the closing price of $1.75. BLDP’s price has ranged from $1.23 to $3.65 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 0.56% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -77.33%. With a float of $245.67 million, this company’s outstanding shares have now reached $299.42 million.
In an organization with 1173 employees, it is important to assess its efficiency. 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 Updates
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 19.40%.
Ballard Power Systems Inc (BLDP) Performance Highlights and Predictions
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 -77.33% 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 5.34.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 12.57 million. That was inferior than the volume of 13.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.56%. Additionally, its Average True Range was 0.13.
During the past 100 days, Ballard Power Systems Inc’s (BLDP) raw stochastic average was set at 47.06%, which indicates a significant increase from 22.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.50% in the past 14 days, which was higher than the 72.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5558, while its 200-day Moving Average is $2.1268. However, in the short run, Ballard Power Systems Inc’s stock first resistance to watch stands at $1.7133. Second resistance stands at $1.7967. The third major resistance level sits at $1.8633. If the price goes on to break the first support level at $1.5633, it is likely to go to the next support level at $1.4967. Assuming the price breaks the second support level, the third support level stands at $1.4133.
Ballard Power Systems Inc (NASDAQ: BLDP) Key Stats
With a market capitalization of 488.05 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.
