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The price of Ballard Power Systems Inc (NASDAQ: BLDP) closed at $1.20 in the last session, up 0.84% from day before closing price of $1.19. In other words, the price has increased by $0.84 from its previous closing price. On the day, 8.45 million shares were traded. BLDP stock price reached its highest trading level at $1.23 during the session, while it also had its lowest trading level at $1.16.
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 8.50 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.
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 359592000 and an Enterprise Value of -222565616. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.16 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at -3.192 whereas that against EBITDA is 1.4.
Stock Price History:
The Beta on a monthly basis for BLDP is 1.64, which has changed by -0.55390334 over the last 52 weeks, in comparison to a change of 0.05279863 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 -5.53%, while the 200-Day Moving Average is calculated to be -26.32%.
Shares Statistics:
According to the various share statistics, BLDP traded on average about 9.76M shares per day over the past 3-months and 12069390 shares per day over the past 10 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 20.38% stake in the company. Shares short for BLDP as of 1743379200 were 15836064 with a Short Ratio of 1.62, compared to 1740700800 on 17023546.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
