Closing Figures: Ballard Power Systems Inc (BLDP)’s Negative Finish at 2.62, Down -3.49

Nora Barnes

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After finishing at $2.72 in the prior trading day, Ballard Power Systems Inc (NASDAQ: BLDP) closed at $2.62, down -3.49%. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 2.89 million shares were traded. BLDP stock price reached its highest trading level at $2.77 during the session, while it also had its lowest trading level at $2.62.

Ratios:

Our goal is to gain a better understanding of BLDP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.53 and its Current Ratio is at 8.33. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLDP now has a Market Capitalization of 789438976 and an Enterprise Value of 284147968. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.75 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 3.148 whereas that against EBITDA is -2.715.

Stock Price History:

The Beta on a monthly basis for BLDP is 1.65, which has changed by 0.70000005 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, BLDP has reached a high of $4.10, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -18.18%, while the 200-Day Moving Average is calculated to be 28.08%.

Shares Statistics:

The stock has traded on average 7.62M shares per day over the past 3-months and 3919730 shares per day over the last 10 days, according to various share statistics. A total of 300.58M shares are outstanding, with a floating share count of 296.59M. Insiders hold about 1.38% of the company’s shares, while institutions hold 26.70% stake in the company. Shares short for BLDP as of 1764288000 were 20687324 with a Short Ratio of 2.71, compared to 1761868800 on 13804176.

Earnings Estimates

The stock of Ballard Power Systems Inc (BLDP) is currently in the spotlight, with 7.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.04 and low estimates of -$0.08.

Analysts are recommending an EPS of between -$0.2 and -$0.35 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.26, with 10.0 analysts recommending between -$0.17 and -$0.36.

Revenue Estimates

12 analysts predict $31.62M in revenue for. The current quarter. It ranges from a high estimate of $38.7M to a low estimate of $24.6M. As of. The current estimate, Ballard Power Systems Inc’s year-ago sales were $24.52MFor the next quarter, 12 analysts are estimating revenue of $22.63M. There is a high estimate of $45.62M for the next quarter, whereas the lowest estimate is $12.53M.

A total of 12 analysts have provided revenue estimates for BLDP’s current fiscal year. The highest revenue estimate was $104.4M, while the lowest revenue estimate was $90.3M, resulting in an average revenue estimate of $96.54M. In the same quarter a year ago, actual revenue was $69.73MBased on 14 analysts’ estimates, the company’s revenue will be $114.74M in the next fiscal year. The high estimate is $188.06M and the low estimate is $92M.

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