For the readers interested in the stock health of Ballard Power Systems Inc. (BLDP). It is currently valued at $16.34. When the transactions were called off in the previous session, Stock hit the highs of $15.90, after setting-off with the price of $15.31. Company’s stock value dipped to $14.785 during the trading on the day. When the trading was stopped its value was $15.81.
Recently in News on July 15, 2021, Ballard Receives Order for Fuel Cell Modules to Power Trial Operation of Siemens Mireo Plus H Train. Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has received a purchase order for two of its 200-kilowatt (kW) fuel cell modules from Siemens Mobility GmbH (“Siemens”; www.siemens.com) to power a 2-car Mireo Plus H passenger train through a trial operation in Bavaria, Germany. As per Ballard’s announcement in November 2017, the 200kW fuel cell module has been developed and tested under a multi-year Development Agreement with Siemens, in order to provide primary propulsion power for the Mireo Plus H light rail train. Ballard plans to deliver the modules ordered by Siemens for the trial operation in Bavaria in 2022. You can read further details here
Ballard Power Systems Inc. had a pretty Dodgy 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 $12.80 for the same time period, recorded on 05/11/21.
Ballard Power Systems Inc. (BLDP) full year performance was -16.75%
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 -61.35% during the 52-week period from high price, and 28.86% 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 $12.68 and $42.28.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 877388 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 -32.44%, having the revenues showcasing -18.17% 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 4.75B, as it employees total of 785 workers.
Market experts do have their say about Ballard Power Systems Inc. (BLDP)
During the last month, 7 analysts gave the Ballard Power Systems Inc. a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 7 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 19.65, with a change in the price was noted -11.36. In a similar fashion, Ballard Power Systems Inc. posted a movement of -40.83% for the period of last 100 days, recording 5,058,938 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 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.01.
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 57.88%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 42.64%. In the last 20 days, the company’s Stochastic %K was 29.07% and its Stochastic %D was recorded 18.87%.
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 encouraging, given the fact the metric is recording -32.44%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -55.91%, alongside a downfall of -16.75% for the period of the last 12 months. The shares increased approximately by -2.35% in the 7-day charts and went up by -6.62% in the period of the last 30 days. Common stock shares were lifted by -18.17% during last recorded quarter.