Ballard Power Systems Inc (NASDAQ: BLDP) is -33.73% lower on its value in year-to-date trading and has touched a low of $1.01 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 $1.08 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $1.10, the stock is -9.95% and -15.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.69 million and changing 1.85% at the moment leaves the stock -34.22% off its SMA200. BLDP registered -65.52% loss for a year compared to 6-month loss of -34.13%. The firm has a 50-day simple moving average (SMA 50) of $1.2966 and a 200-day simple moving average (SMA200) of $1.67235.
The stock witnessed a -12.70% gain in the last 1 month and extending the period to 3 months gives it a -42.71%, and is 0.00% 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 7.90% over the week and 6.39% 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 8.91% and -67.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.72%).
with sales reaching $16.82M over the same period.The EPS is expected to grow by 64.19% this year, but quarterly earnings will post 39.48% year-over-year. Quarterly sales are estimated to grow 16.38% in year-over-year returns.
Ballard Power Systems Inc (BLDP) Top Institutional Holders
234.0 institutions hold shares in Ballard Power Systems Inc (BLDP), with institutional investors hold 33.71% 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 28.48% 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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