Market Recap: Ballard Power Systems Inc (BLDP)’s Negative Momentum, Closing at 1.86

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Ballard Power Systems Inc (NASDAQ: BLDP) was $1.86 for the day, down -8.82% from the previous closing price of $2.04. In other words, the price has decreased by -$8.82 from its previous closing price. On the day, 6.39 million shares were traded. BLDP stock price reached its highest trading level at $2.04 during the session, while it also had its lowest trading level at $1.86.

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 8.13 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:

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 562538432 and an Enterprise Value of 2149815. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.89 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.03 whereas that against EBITDA is -0.015.

Stock Price History:

The Beta on a monthly basis for BLDP is 1.79, which has changed by -0.18421054 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, BLDP has reached a high of $2.38, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 13.61%, while the 200-Day Moving Average is calculated to be 26.42%.

Shares Statistics:

BLDP traded an average of 8.73M shares per day over the past three months and 7278180 shares per day over the past ten days. A total of 299.83M shares are outstanding, with a floating share count of 248.94M. Insiders hold about 16.97% of the company’s shares, while institutions hold 20.54% stake in the company. Shares short for BLDP as of 1752537600 were 14612419 with a Short Ratio of 1.67, compared to 1749772800 on 13777742.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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