Daily Market Movement: Ballard Power Systems Inc (BLDP) Sees a -0.81 Decrease, Closing at 1.22

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of Ballard Power Systems Inc (NASDAQ: BLDP) was $1.22 for the day, down -0.81% from the previous closing price of $1.23. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 5.53 million shares were traded. BLDP stock price reached its highest trading level at $1.22 during the session, while it also had its lowest trading level at $1.18.

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 8.50 and its Current Ratio is at 9.25. 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 370672640 and an Enterprise Value of -216572400. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.24 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at -3.106 whereas that against EBITDA is 1.363.

Stock Price History:

The Beta on a monthly basis for BLDP is 1.68, which has changed by -0.5531136 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, BLDP has reached a high of $3.34, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -0.65%, while the 200-Day Moving Average is calculated to be -22.57%.

Shares Statistics:

BLDP traded an average of 9.30M shares per day over the past three months and 5597030 shares per day over the past ten days. A total of 299.44M shares are outstanding, with a floating share count of 245.87M. Insiders hold about 17.95% of the company’s shares, while institutions hold 20.57% stake in the company. Shares short for BLDP as of 1744675200 were 18658981 with a Short Ratio of 2.01, compared to 1741910400 on 15836064.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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