Ballard Power Systems Inc (NASDAQ: BLDP) kicked off on Monday, up 3.40% from the previous trading day, before settling in for the closing price of $3.53. Over the past 52 weeks, BLDP has traded in a range of $1.00-$3.60.
Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -45.23%. While this was happening, its average annual earnings per share was recorded 68.39%. With a float of $250.27 million, this company’s outstanding shares have now reached $299.87 million.
Ballard Power Systems Inc (BLDP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Ballard Power Systems Inc is 16.74%, while institutional ownership is 26.30%.
Ballard Power Systems Inc (BLDP) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.19 earnings per share (EPS), lower than consensus estimate (set at -0.13) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 68.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.56% 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
Take a look at Ballard Power Systems Inc’s (BLDP) current performance indicators. Last quarter, stock had a quick ratio of 8.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.99, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of Ballard Power Systems Inc (BLDP)
Compared to the last year’s volume of 8.4 million, its volume of 12.24 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.19%.
During the past 100 days, Ballard Power Systems Inc’s (BLDP) raw stochastic average was set at 92.34%, which indicates a significant increase from 87.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.25 in the past 14 days, which was higher than the 0.13 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.21, while its 200-day Moving Average is $1.64. Nevertheless, the first resistance level for the watch stands at $3.85 in the near term. At $4.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.26. If the price goes on to break the first support level at $3.44, it is likely to go to the next support level at $3.24. Should the price break the second support level, the third support level stands at $3.03.
Ballard Power Systems Inc (NASDAQ: BLDP) Key Stats
The company with the Market Capitalisation of 1.10 billion has total of 300,578K Shares Outstanding. Its annual sales at the moment are 69,730 K in contrast with the sum of -324,250 K annual income. Company’s last quarter sales were recorded 17,840 K and last quarter income was -24,280 K.
