In last trading session, Ballard Power Systems Inc. (NASDAQ:BLDP) saw 3,442,309 shares changing hands with its beta currently measuring 1.82. Company’s recent per share price level of $19.65 trading at $2.29 or 13.19% at recent trade assigns it a market valuation of $4.79 Billion. That current price of BLDP’s stock is at a discount of -0.15% from its 52-week high price of $19.68 and is indicating a premium of 79.9% from its 52-week low price of $3.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.31 Million shares which gives us an average trading volume of 2.4 Million if we extend that period to 3-months.
Ballard Power Systems Inc. (NASDAQ:BLDP) trade information
Upright in the green today for gaining 11.95%, in the last five days BLDP remained trading in the green while hitting it’s week-highest on Monday, Jul 06 when the stock touched $19.46- price level, adding 2.13% to its value on the day. Ballard Power Systems Inc.’s shares saw a change of 165.25% in year-to-date performance and have moved 39.52% in past 5-day. Ballard Power Systems Inc. (NASDAQ:BLDP) showed a performance of 57.4% in past 30-days. Number of shares sold short was 8.5 Million shares which calculate 3.54 days to cover the short interests.
Ballard Power Systems Inc. (BLDP) estimates and forecasts
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $26.58 Million for the same. And 6 analysts are in estimates of company making revenue of $32.73 Million in the next quarter that will end in September 01, 2020. Company posted $23.65 Million and $25.55 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 12.4% while estimating it to be 28.1% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 5.4% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -14.1% while estimates for its earnings growth in next 5 years are of 0.03%
Ballard Power Systems Inc. (NASDAQ:BLDP)’s Major holders
Insiders are in possession of 28.54% of company’s total shares while institution are holding 7.73% percent of that, with stock having share float percentage of 10.82%. Investors also watch the number of corporate investors in a company very closely, which is 155 institutions for Ballard Power Systems Inc. that are currently holding shares of the company. Morgan Stanley is the top institutional holder at BLDP for having 2.58 Million shares of worth $19.6 Million. And as of March 30, 2020, it was holding 1.06% of the company’s outstanding shares.
The second largest institutional holder is Two Sigma Advisers, LP, which was holding about 986Thousand shares on March 30, 2020. The number of shares represents firm’s hold over 0.4% of outstanding shares, having a total worth of $7.5 Million.