During the last session, Ballard Power Systems Inc (NASDAQ:BLDP)’s traded shares were 9.1 million, with the beta value of the company hitting 1.70. At the end of the trading day, the stock’s price was $1.42, reflecting an intraday gain of 3.65% or $0.05. The 52-week high for the BLDP share is $3.22, that puts it down -126.76 from that peak though still a striking 29.58% gain since the share price plummeted to a 52-week low of $1.00. The company’s market capitalization is $425.76M, and the average trade volume was 8.62 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 3.40. 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.
Ballard Power Systems Inc (NASDAQ:BLDP) trade information
Ballard Power Systems Inc (BLDP) registered a 3.65% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.65% in intraday trading to $1.42, hitting a weekly high. The stock’s 5-day price performance is 2.16%, and it has moved by 12.70% in 30 days. Based on these gigs, the overall price performance for the year is -52.67%.
The consensus price target of analysts on Wall Street is $1.27, which implies a decrease of -11.81% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $2 respectively. As a result, BLDP is trading at a discount of -40.85% off the target high and 29.58% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -45.23%. While earnings are projected to return 67.41% in 2025, the next five years will return 36.32% per annum.
BLDP Dividends
Ballard Power Systems Inc is due to release its next quarterly earnings in June. 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 7.83 million shares, is of LEGAL & GENERAL GROUP PLC’s that is approximately 2.6146% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $17.68 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ballard Power Systems Inc (BLDP) shares are Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF and GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF. Data provided on Apr 30, 2025 indicates that Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF owns about 3.16 shares. This amounts to just over 1.06 percent of the company’s overall shares, with a $4.49 million market value. The same data shows that the other fund manager holds slightly less at 2.19, or about 0.73% of the stock, which is worth about $3.1 million.
