Stock Market Recap: Ballard Power Systems Inc (BLDP) Concludes at 1.09, a -3.54 Surge/Decline

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

After finishing at $1.13 in the prior trading day, Ballard Power Systems Inc (NASDAQ: BLDP) closed at $1.09, down -3.54%. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 4.94 million shares were traded. BLDP stock price reached its highest trading level at $1.14 during the session, while it also had its lowest trading level at $1.07.

Ratios:

Our goal is to gain a better understanding of BLDP by taking a closer look at its different ratios. 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 339403136 and an Enterprise Value of -255528240. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.68 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at -3.664 whereas that against EBITDA is 1.608.

Stock Price History:

The Beta on a monthly basis for BLDP is 1.60, which has changed by -0.58237547 over the last 52 weeks, in comparison to a change of 0.017286062 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 -13.46%, while the 200-Day Moving Average is calculated to be -32.63%.

Shares Statistics:

The stock has traded on average 9.74M shares per day over the past 3-months and 9914780 shares per day over the last 10 days, according to various share statistics. 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 20.36% stake in the company. Shares short for BLDP as of 1743379200 were 15836064 with a Short Ratio of 1.63, compared to 1740700800 on 17023546.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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