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The closing price of Ballard Power Systems Inc (NASDAQ: BLDP) was $1.70 for the day, up 0.59% from the previous closing price of $1.69. In other words, the price has increased by $0.59 from its previous closing price. On the day, 5.5 million shares were traded. BLDP stock price reached its highest trading level at $1.76 during the session, while it also had its lowest trading level at $1.64.
Ratios:
Our analysis of BLDP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.19 and its Current Ratio is at 9.01. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
HSBC Securities Upgraded its Hold to Buy on October 24, 2023, while the target price for the stock was maintained at $4.50.
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 509015712 and an Enterprise Value of -124645200. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.57 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at -1.355 whereas that against EBITDA is 0.761.
Stock Price History:
Over the past 52 weeks, BLDP has reached a high of $3.83, while it has fallen to a 52-week low of $1.23. The 50-Day Moving Average of the stock is 11.86%, while the 200-Day Moving Average is calculated to be -22.07%.
Shares Statistics:
BLDP traded an average of 4.80M shares per day over the past three months and 8285570 shares per day over the past ten days. A total of 299.42M shares are outstanding, with a floating share count of 245.67M. Insiders hold about 17.95% of the company’s shares, while institutions hold 19.66% stake in the company. Shares short for BLDP as of 1732838400 were 12676670 with a Short Ratio of 3.03, compared to 1730332800 on 13768001.
