Ballard Power Systems Inc (BLDP) saw an uptrend of 1.09% in the recent trading with $1.86 being its most recent. The current price level -18.42% lower than the highest price of $2.28 marked by the stock while trading over the past 52-weeks, whereas it is 86.00% higher than the lowest price of $1.00 the company dropped to over past 52-weeks. The latest news story on BLDP appeared in (PR Newswire) under the title “Ballard Announces Strategic Realignment to Strengthen Commercial Focus and Achieve Positive Cash Flow Under New Leadership” on.
Looking into the simple moving average, Ballard Power Systems Inc (BLDP)’s stock stands at a SMA-50 of $1.6836 while that of 5-day is reading $1.8300.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and BLDP’s SMA-200 as of now is $1.4756.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 6 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.40 for the stock.
Ballard Power Systems Inc Earnings – What Happened With BLDP
Coming around sales and income figures on BLDP Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Ballard Power Systems Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 299.83 million. BLDP does have institutional investors; and they hold 20.57% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Ballard Power Systems Inc (NASDAQ:BLDP) with an ownership of 9.54 million shares of the company or 3.1871 of the stake worth $21.47 million. The filing also reveals LEGAL & GENERAL GROUP PLC as the second largest holder in the company with a control over 2.6095 of the outstanding shares. Its stake is worth $17.64 million for having 7.81 million shares in hand.
PUBLIC INVESTMENT FUND also came holding a key position in the company during the recent quarter and it now holds 2.3537 of the outstanding shares. With this there are now 216.0 institutions which have possession in BLDP’s shares.
Key Metrics forBLDP
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Ballard Power Systems Inc has a debt to equity ratio of 0.04.
