On Tuesday, Ballard Power Systems Inc (NASDAQ: BLDP) opened lower -5.34% from the last session, before settling in for the closing price of $3.56. Price fluctuations for BLDP have ranged from $1.00 to $4.10 over the past 52 weeks.
Annual sales at Industrials sector company slipped by -45.23% over the past five years. Company’s average yearly earnings per share was noted 68.05% at the time writing. With a float of $250.10 million, this company’s outstanding shares have now reached $299.87 million.
Ballard Power Systems Inc (BLDP) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Ballard Power Systems Inc is 16.79%, while institutional ownership is 26.46%.
Ballard Power Systems Inc (BLDP) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.19 earnings per share (EPS) for the quarter, coming under the agreed prediction (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 68.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.44% 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
Check out the current performance indicators for Ballard Power Systems Inc (BLDP). In the past quarter, the stock posted a quick ratio of 8.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.97.
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)
Ballard Power Systems Inc (NASDAQ: BLDP) saw its 5-day average volume 6.58 million, a negative change from its year-to-date volume of 8.36 million. As of the previous 9 days, the stock’s Stochastic %D was 58.28%.
During the past 100 days, Ballard Power Systems Inc’s (BLDP) raw stochastic average was set at 73.06%, which indicates a significant increase from 25.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.23 in the past 14 days, which was higher than the 0.17 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.89, while its 200-day Moving Average is $1.83. Nevertheless, the first resistance level for the watch stands at $3.52 in the near term. At $3.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.77. If the price goes on to break the first support level at $3.28, it is likely to go to the next support level at $3.19. The third support level lies at $3.04 if the price breaches the second support level.
Ballard Power Systems Inc (NASDAQ: BLDP) Key Stats
There are currently 300,582K shares outstanding in the company with a market cap of 1.01 billion. Presently, the company’s annual sales total 69,730 K according to its annual income of -324,250 K. Last quarter, the company’s sales amounted to 17,840 K and its income totaled -24,280 K.
