Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -57.03% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -41.97%. Over the past 30 days, the price of BLDP has fallen by 24.22%. And in the last five days, it has fallen by -6.47%.
Ballard Power Systems Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.83 on 12/28/23 and the lowest value was $1.23 on 11/13/24.
52-week price history of BLDP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ballard Power Systems Inc’s current trading price is -58.49% away from its 52-week high, while its distance from the 52-week low is 29.27%. The stock’s price range during this period has varied between$1.23 and $3.83. The Ballard Power Systems Inc’s shares, which operate in the Industrials, saw a trading volume of around 2.62 million for the day, a figure considerably lower than their average daily volume of 4.3 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ballard Power Systems Inc (BLDP) has experienced a quarterly decline of -7.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 476.08M and boasts a workforce of 1173 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6809, with a change in price of -0.7050. Similarly, Ballard Power Systems Inc recorded 3,702,795 in trading volume during the last 100 days, posting a change of -30.65%.
BLDP’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BLDP stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
BLDP Stock Stochastic Average
As of today, Ballard Power Systems Inc’s raw stochastic average for the last 50 days stands at 57.03%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 54.92%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 56.67% and 58.61%, respectively.
