Ballard Power Systems Inc (NASDAQ: BLDP) is -24.10% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $3.34 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 $1.25 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $1.26, the stock is 6.73% and 3.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.45 million and changing 0.80% at the moment leaves the stock -19.05% off its SMA200. BLDP registered -52.63% loss for a year compared to 6-month loss of -21.25%.
The stock witnessed a 15.60% gain in the last 1 month and extending the period to 3 months gives it a -3.82%, 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 5.47% over the week and 7.27% over the month.
Ballard Power Systems Inc (BLDP) has around 887 employees, a market worth around $377.79M and $69.73M in sales. Profit margin for the company is -464.99%. Distance from 52-week low is 26.00% and -62.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.72%).
with sales reaching $16.73M over the same period.The EPS is expected to grow by 63.70% this year, but quarterly earnings will post 41.78% year-over-year. Quarterly sales are estimated to grow 15.77% in year-over-year returns.
Ballard Power Systems Inc (BLDP) Top Institutional Holders
The shares outstanding are 299.44M, and float is at 246.01M with Short Float at 7.58%.
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 3.1871% 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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