During the last session, Ballard Power Systems Inc. (NASDAQ:BLDP)’s traded shares were 3.22 million, with the beta value of the company hitting 1.77. At the end of the trading day, the stock’s price was $2.29, reflecting an intraday loss of -4.18% or -$0.1. The 52-week high for the BLDP share is $5.11, that puts it down -123.14 from that peak though still a striking 6.55% gain since the share price plummeted to a 52-week low of $2.14. The company’s market capitalization is $685.60M, and the average intraday trading volume over the past 10 days was 2.95 million shares, and the average trade volume was 2.58 million shares over the past three months.
Ballard Power Systems Inc. (BLDP) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.05. BLDP has a Sell rating from 1 analyst(s) out of 6 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.13.
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. (NASDAQ:BLDP) trade information
Ballard Power Systems Inc. (BLDP) registered a -4.18% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.18% in intraday trading to $2.29, hitting a weekly high. The stock’s 5-day price performance is -14.23%, and it has moved by -16.42% in 30 days. Based on these gigs, the overall price performance for the year is -51.79%. The short interest in Ballard Power Systems Inc. (NASDAQ:BLDP) is 20.49 million shares and it means that shorts have 9.48 day(s) to cover.
The extremes of the forecast give a target low and a target high price of $2.3 and $15 respectively. As a result, BLDP is trading at a discount of -555.02% off the target high and -0.44% off the low.
Ballard Power Systems Inc. (BLDP) estimates and forecasts
Statistics show that Ballard Power Systems Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Ballard Power Systems Inc. (BLDP) shares have gone down -24.42% during the last six months, with a year-to-date growth rate less than the industry average at -6.25% against 3.50. In the rating firms’ projections, revenue will increase 9.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 19.49M as predicted by 16 analyst(s). Meanwhile, a consensus of 16 analyst(s) estimates revenue growth to 31.7M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -32.26%. While earnings are projected to return 11.26% in 2024, the next five years will return 0.03% per annum.
BLDP Dividends
Ballard Power Systems Inc. is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ballard Power Systems Inc. (NASDAQ:BLDP)’s Major holders
The next largest institutional holding, with 7.05 million shares, is of PUBLIC INVESTMENT FUND’s that is approximately 2.3595% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $19.59 million.
