Ballard Power Systems Inc. (BLDP) is priced at $19.41 after the most recent trading session. At the very opening of the session, the stock price was $20.82 and reached a high price of $20.85, prior to closing the session it reached the value of $19.94. The stock touched a low price of $19.31.
Recently in News on November 27, 2020, Ballard Closes US$402.5 Million Bought Deal Offering of Common Shares. Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the closing of the previously announced bought deal offering of 20,909,300 common shares of the Company (the “Common Shares”) at a price of US$19.25 per Common Share (the “Offering Price”) for gross proceeds of US$402,504,025 (the “Offering”), and which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 2,727,300 Common Shares at the Offering Price. You can read further details here
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Ballard Power Systems Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $21.70 on 11/23/20, with the lowest value was $6.95 for the same time period, recorded on 03/19/20.
Ballard Power Systems Inc. (BLDP) full year performance was 199.85%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Ballard Power Systems Inc. shares are logging -10.55% during the 52-week period from high price, and 252.91% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.50 and $21.70.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2264633 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Ballard Power Systems Inc. (BLDP) recorded performance in the market was 177.72%, having the revenues showcasing 17.71% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.03B, as it employees total of 703 workers.
Market experts do have their say about Ballard Power Systems Inc. (BLDP)
During the last month, 6 analysts gave the Ballard Power Systems Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 16.39, with a change in the price was noted +0.92. In a similar fashion, Ballard Power Systems Inc. posted a movement of +5.05% for the period of last 100 days, recording 4,415,605 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BLDP is recording 0.04 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
Technical breakdown of Ballard Power Systems Inc. (BLDP)
Raw Stochastic average of Ballard Power Systems Inc. in the period of last 50 days is set at 66.80%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 61.65%. In the last 20 days, the company’s Stochastic %K was 72.77% and its Stochastic %D was recorded 78.37%.
Bearing in mind the latest performance of Ballard Power Systems Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 177.72%. Additionally, trading for the stock in the period of the last six months notably improved by 73.84%, alongside a boost of 199.85% for the period of the last 12 months. The shares increased approximately by -7.60% in the 7-day charts and went down by 35.00% in the period of the last 30 days. Common stock shares were driven by 17.71% during last recorded quarter.