Let’s start up with the current stock price of Ballard Power Systems Inc. (BLDP), which is $24.44 to be very precise. The Stock rose vividly during the last session to $25.42 after opening rate of $24.82 while the lowest price it went was recorded $24.405 before closing at $24.77.
Recently in News on March 29, 2021, Ballard Files Final Shelf Prospectus. Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) (Ballard or the Company) has announced the filing of a final short form base shelf prospectus (Prospectus), which provides the flexibility to make offerings of securities during the effective period of the Prospectus, until April 2023. The final short form base shelf prospectus has been filed further to the preliminary short form base shelf prospectus, which was previously announced on March 22, 2021. 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 $42.28 on 02/09/21, with the lowest value was $20.25 for the same time period, recorded on 03/05/21.
Ballard Power Systems Inc. (BLDP) full year performance was 222.43%
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 -42.19% during the 52-week period from high price, and 214.54% 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 $7.77 and $42.28.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3709789 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 4.44%, having the revenues showcasing 8.48% 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 6.96B, as it employees total of 785 workers.
The Analysts eye on Ballard Power Systems Inc. (BLDP)
During the last month, 8 analysts gave the Ballard Power Systems Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 4 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 26.09, with a change in the price was noted +8.28. In a similar fashion, Ballard Power Systems Inc. posted a movement of +51.24% for the period of last 100 days, recording 6,528,276 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 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
Technical rundown of Ballard Power Systems Inc. (BLDP)
Raw Stochastic average of Ballard Power Systems Inc. in the period of last 50 days is set at 19.02%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 54.98%. In the last 20 days, the company’s Stochastic %K was 56.57% and its Stochastic %D was recorded 56.21%.
Considering, the past performance of Ballard Power Systems Inc., multiple 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 4.44%. Additionally, trading for the stock in the period of the last six months notably improved by 52.46%, alongside a boost of 222.43% for the period of the last 12 months. The shares increased approximately by 14.98% in the 7-day charts and went up by 9.20% in the period of the last 30 days. Common stock shares were driven by 8.48% during last recorded quarter.