Ballard Power Systems Inc. (BLDP)’s Stock Performance and Outlook

In the latest trading session, 0.73 million Ballard Power Systems Inc. (NASDAQ:BLDP) shares changed hands as the company’s beta touched 1.77. With the company’s most recent per share price at $2.32 changed hands at -$0.05 or -2.08% at last look, the market valuation stands at $694.82M. BLDP’s current price is a discount, trading about -120.26% off its 52-week high of $5.11. The share price had its 52-week low at $2.14, which suggests the last value was 7.76% up since then. When we look at Ballard Power Systems Inc.’s average trading volume, we note the 3-month average coming to 2.43 million.

Ballard Power Systems Inc. (NASDAQ:BLDP) trade information

Instantly BLDP was in red as seen in intraday trades today. With action 6.95%, the performance over the past five days has been green. The drop to weekly highs of 2.44 subtracted -2.08% to the stock’s daily price. The company’s shares are showing year-to-date downside of -37.28%, with the 5-day performance at 6.95% in the green. However, in the 30-day time frame, Ballard Power Systems Inc. (NASDAQ:BLDP) is -14.68% down.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Ballard Power Systems Inc. (BLDP) estimates and forecasts

Data shows that the Ballard Power Systems Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -35.53% over the past 6 months, a -6.25% in annual growth rate that is considerably lower than the industry average of 3.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -32.26%. The 2024 estimates are for Ballard Power Systems Inc. earnings to increase by 11.26%, but the outlook for the next 5-year period is at 0.03% per year.

BLDP Dividends

Ballard Power Systems Inc. is expected to release its next quarterly earnings report in August.