Ballard Power Systems Inc (NASDAQ: BLDP) is -9.64% lower on its value in year-to-date trading and has touched a low of $1.23 and a high of $3.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BLDP stock was last observed hovering at around $1.47 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.50, the stock is 7.22% and -4.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.32 million and changing 2.04% at the moment leaves the stock -23.27% off its SMA200. BLDP registered -53.70% loss for a year compared to 6-month loss of -18.92%.
The stock witnessed a -7.98% gain in the last 1 month and extending the period to 3 months gives it a 18.11%, and is 6.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.04% over the week and 5.88% over the month.
Ballard Power Systems Inc (BLDP) has around 1173 employees, a market worth around $449.13M and $91.35M in sales. Profit margin for the company is -360.17%. Distance from 52-week low is 21.95% and -55.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.25%).
The EPS is expected to shrink by -76.77% this year.
Ballard Power Systems Inc (BLDP) Top Institutional Holders
The shares outstanding are 299.42M, and float is at 245.50M with Short Float at 7.19%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.54 million shares valued at $21.47 million. The investor’s holdings represent 3.1912% of the BLDP Shares outstanding. As of 2024-06-30, the second largest holder is LEGAL & GENERAL GROUP PLC with 7.83 million shares valued at $17.68 million to account for 2.6146 of the shares outstanding. The other top investors are PUBLIC INVESTMENT FUND which holds 7.05 million shares representing 2.3537% and valued at over $15.86 million, while CITADEL ADVISORS LLC holds 1.6709 of the shares totaling 5.0 million with a market value of $11.24 million.
Ballard Power Systems Inc (BLDP) Insider Activity
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