Let’s start up with the current stock price of Ballard Power Systems Inc. (BLDP), which is $6.32 to be very precise. The Stock rose vividly during the last session to $6.345 after opening rate of $5.87 while the lowest price it went was recorded $5.765 before closing at $5.77.Recently in News on January 23, 2023, Ballard announces order from CrossWind to supply fuel cell system for 1 MW stationary power project. Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order for a fuel cell system to CrossWind, a joint-venture between Shell and Eneco. The Ballard fuel cell system will be integrated in the Hollandse Kust Noord offshore wind project. 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 $6.46 on 01/18/23, with the lowest value was $4.67 for the same time period, recorded on 01/03/23.
Ballard Power Systems Inc. (BLDP) full year performance was -39.69%
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 -49.72% during the 52-week period from high price, and 42.66% 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 $4.43 and $12.57.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3542823 for the day, which was evidently higher, 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 31.94%, having the revenues showcasing 14.70% 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 1.79B, as it employees total of 1367 workers.
Market experts do have their say about Ballard Power Systems Inc. (BLDP)
During the last month, 2 analysts gave the Ballard Power Systems Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 18 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 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 6.01, with a change in the price was noted -1.54. In a similar fashion, Ballard Power Systems Inc. posted a movement of -19.59% for the period of last 100 days, recording 3,259,061 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 86.90%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 93.10%. In the last 20 days, the company’s Stochastic %K was 70.44% and its Stochastic %D was recorded 71.94%.
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 31.94%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -9.46%, alongside a downfall of -39.69% for the period of the last 12 months. The shares increased approximately by 4.81% in the 7-day charts and went down by 25.15% in the period of the last 30 days. Common stock shares were driven by 14.70% during last recorded quarter.