A new trading day began on Monday, with Ballard Power Systems Inc (NASDAQ: BLDP) stock price down -3.54% from the previous day of trading, before settling in for the closing price of $1.13. BLDP’s price has ranged from $1.00 to $3.34 over the past 52 weeks.
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A company in the Industrials sector has dropped its sales by -5.93% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 63.63%. With a float of $245.87 million, this company’s outstanding shares have now reached $299.44 million.
In an organization with 887 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -38.21%, operating margin of -261.69%, and the pretax margin is -462.87%.
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 20.36%.
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 63.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.06% during the next five years compared to -45.23% drop over the previous five years of trading.
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 8.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.08, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.36 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 6.28 million. That was inferior than the volume of 9.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.67%. 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 8.33%, which indicates a significant decrease from 36.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.79% in the past 14 days, which was higher than the 69.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2596, while its 200-day Moving Average is $1.6178. However, in the short run, Ballard Power Systems Inc’s stock first resistance to watch stands at $1.1300. Second resistance stands at $1.1700. The third major resistance level sits at $1.2000. If the price goes on to break the first support level at $1.0600, it is likely to go to the next support level at $1.0300. Assuming the price breaks the second support level, the third support level stands at $0.9900.
Ballard Power Systems Inc (NASDAQ: BLDP) Key Stats
With a market capitalization of 326.63 million, the company has a total of 299,438K Shares Outstanding. Currently, annual sales are 69,730 K while annual income is -324,250 K. The company’s previous quarter sales were 24,520 K while its latest quarter income was -46,470 K.
