Ballard Power Systems Inc (NASDAQ: BLDP) is -33.73% lower on its value in year-to-date trading and has touched a low of $1.08 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 $1.14 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.10, the stock is -12.46% and -17.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.61 million and changing -3.51% at the moment leaves the stock -35.73% off its SMA200. BLDP registered -60.43% loss for a year compared to 6-month loss of -37.14%. The firm has a 50-day simple moving average (SMA 50) of $1.3338 and a 200-day simple moving average (SMA200) of $1.7115.
The stock witnessed a -10.57% gain in the last 1 month and extending the period to 3 months gives it a -35.29%, and is -15.38% down 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 5.19% over the week and 7.00% over the month.
Ballard Power Systems Inc (BLDP) has around 887 employees, a market worth around $329.63M and $69.73M in sales. Profit margin for the company is -464.99%. Distance from 52-week low is 1.81% and -67.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.72%).
The EPS is expected to grow by 64.19% this year.
Ballard Power Systems Inc (BLDP) Top Institutional Holders
241.0 institutions hold shares in Ballard Power Systems Inc (BLDP), with institutional investors hold 33.80% of the company’s shares. The shares outstanding are 299.44M, and float is at 245.87M with Short Float at 6.44%. Institutions hold 28.55% of the Float.
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 1.6688 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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