The stock of Ballard Power Systems Inc (BLDP) is currently priced at $1.85. In the last session, the stock climbed significantly, topping out at $6.5 after opening at $1.85. The day’s lowest price was $1.0 before the stock closed at $1.83.
Ballard Power Systems Inc saw a rather consistency, in terms of market performance.
52-week price history of BLDP Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ballard Power Systems Inc’s current trading price is -18.86% away from its 52-week high, while its distance from the 52-week low is 85.00%. The stock’s price range during the 52-week period has remained between $1.00 and $2.28. In the Industrials sector, the company’s shares saw a trading volume of around 3.49 million for the day, which was evidently lower than the average daily volume of 8.64 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Ballard Power Systems Inc (BLDP) has experienced a quarterly rise of 54.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 554.69M and boasts a workforce of 887 employees.
A Closer Look at Analysts’ Ratings for Ballard Power Systems Inc
As of right now, 2 analysts are rating Ballard Power Systems Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 3 analysts are rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4724, with a change in price of +0.5300. Similarly, Ballard Power Systems Inc recorded 8,311,671 in trading volume during the last 100 days, posting a change of +40.15%.
Examining BLDP’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 58.65%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 18.87%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 19.65% and 21.90%, respectively.
BLDP Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -4.15% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 35.04%. Over the past 30 days, the price of BLDP has leaped by -5.13%. And in the last five days, it has surged by 1.09%.
