Ballard Power Systems Inc (BLDP)’s Market Momentum: Closing Strong at 1.57, Down -12.29

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As of close of business last night, Ballard Power Systems Inc’s stock clocked out at $1.57, down -12.29% from its previous closing price of $1.79. In other words, the price has decreased by -$12.29 from its previous closing price. On the day, 8.91 million shares were traded.

Ratios:

To gain a deeper understanding of BLDP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.13 and its Current Ratio is at 9.00. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 6.66 while its Price-to-Book (P/B) ratio in mrq is 0.72.

Stock Price History:

Over the past 52 weeks, BLDP has reached a high of $2.82, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 18.03%, while the 200-Day Moving Average is calculated to be 7.11%.

Shares Statistics:

A total of 299.83M shares are outstanding, with a floating share count of 249.72M. Insiders hold about 16.71% of the company’s shares, while institutions hold 20.43% stake in the company.

Earnings Estimates

The current rating of Ballard Power Systems Inc (BLDP) reflects the combined expertise of 8.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.08 and low estimates of -$0.13.

Analysts are recommending an EPS of between -$0.31 and -$0.41 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.34, with 9.0 analysts recommending between -$0.23 and -$0.43.

Revenue Estimates

In the current quarter, 11 analysts expect revenue to total $17.94M. It ranges from a high estimate of $23.76M to a low estimate of $12.9M. As of the current estimate, Ballard Power Systems Inc’s year-ago sales were $16MFor the next quarter, 11 analysts are estimating revenue of $25.28M. There is a high estimate of $28.9M for the next quarter, whereas the lowest estimate is $20.23M.

A total of 13 analysts have provided revenue estimates for BLDP’s current fiscal year. The highest revenue estimate was $98.83M, while the lowest revenue estimate was $84.3M, resulting in an average revenue estimate of $92.6M. In the same quarter a year ago, actual revenue was $69.73MBased on 13 analysts’ estimates, the company’s revenue will be $122.09M in the next fiscal year. The high estimate is $181M and the low estimate is $96.8M.

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