Let’s start up with the current stock price of Ballard Power Systems Inc. (BLDP), which is $15.82 to be very precise. The Stock rose vividly during the last session to $15.665 after opening rate of $15.24 while the lowest price it went was recorded $14.85 before closing at $15.53.Recently in News on September 14, 2021, Toronto Stock Exchange Announces the 2021 TSX30, Showcasing the Exchange’s Top-Performing Companies. Canada’s premier equities market to celebrate TSX30 companies today in a virtual market open ceremony. You can read further details here
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 $12.80 for the same time period, recorded on 05/11/21.
Ballard Power Systems Inc. (BLDP) full year performance was 12.54%
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 -62.57% during the 52-week period from high price, and 23.63% 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 $12.80 and $42.28.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1317731 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 -33.63%, having the revenues showcasing -12.90% 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 4.74B, as it employees total of 785 workers.
Specialists analysis on 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 1 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 16.74, with a change in the price was noted -4.33. In a similar fashion, Ballard Power Systems Inc. posted a movement of -21.30% for the period of last 100 days, recording 3,948,074 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.
Trends and Technical analysis: Ballard Power Systems Inc. (BLDP)
Raw Stochastic average of Ballard Power Systems Inc. in the period of last 50 days is set at 35.29%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 54.93%. In the last 20 days, the company’s Stochastic %K was 40.96% and its Stochastic %D was recorded 38.38%.
Now, considering the stocks previous presentation, multiple 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 -33.63%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -41.86%, alongside a boost of 12.54% for the period of the last 12 months. The shares increased approximately by -5.30% in the 7-day charts and went down by -1.46% in the period of the last 30 days. Common stock shares were lifted by -12.90% during last recorded quarter.