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The closing price of Ballard Power Systems Inc (NASDAQ: BLDP) was $1.31 for the day, up 2.34% from the previous closing price of $1.28. In other words, the price has increased by $2.34 from its previous closing price. On the day, 2.53 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 $1.28.
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 392241472 and an Enterprise Value of -217465664. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.14 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at -2.365 whereas that against EBITDA is 1.328.
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 -17.06%, while the 200-Day Moving Average is calculated to be -44.18%.
Shares Statistics:
BLDP traded an average of 3.29M shares per day over the past three months and 3552240 shares per day over the past ten 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 19.72% stake in the company. Shares short for BLDP as of 1730332800 were 14513687 with a Short Ratio of 4.42, compared to 1727654400 on 15267750.
