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The price of Ballard Power Systems Inc (NASDAQ: BLDP) closed at $1.28 in the last session, down -3.76% from day before closing price of $1.33. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 3.46 million shares were traded. BLDP stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.26.
Ratios:
We take a closer look at BLDP’s different ratios to gain a better understanding of the stock. 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 397135360 and an Enterprise Value of -226448288. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.87 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at -2.462 whereas that against EBITDA is 1.383.
Stock Price History:
Over the past 52 weeks, BLDP has reached a high of $4.01, while it has fallen to a 52-week low of $1.23. The 50-Day Moving Average of the stock is -19.90%, while the 200-Day Moving Average is calculated to be -45.88%.
Shares Statistics:
According to the various share statistics, BLDP traded on average about 3.25M shares per day over the past 3-months and 3732450 shares per day over the past 10 days. A total of 298.94M shares are outstanding, with a floating share count of 245.66M. Insiders hold about 17.95% of the company’s shares, while institutions hold 19.69% stake in the company. Shares short for BLDP as of 1730332800 were 14513687 with a Short Ratio of 4.47, compared to 1727654400 on 15267750.
