Ballard Power Systems Inc (NASDAQ:BLDP) shares, rose in value, with the stock price down by -2.92% to the previous day’s close as strong demand from buyers drove the stock to $1.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.20, falling within a range of $1.1522 and $1.2. The value of beta (5-year monthly) is 1.954. Referring to stock’s 52-week performance, its high was $3.34, and the low was $1.00. On the whole, BLDP has fluctuated by -13.06% over the past month.
With the market capitalization of Ballard Power Systems Inc currently standing at about $349.10 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 98.86M, with a low estimate of 11.8M and a high estimate of 21M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 16.94M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BLDP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BLDP currently trading nearly -0.15% and -7.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.08, while the 7-day volatility ratio is showing 5.90% which for the 30-day chart, stands at 6.95%. Furthermore, Ballard Power Systems Inc (BLDP)’s beta value is 1.59, and its average true range (ATR) is 0.08.
A comparison of Ballard Power Systems Inc (BLDP) with its peers suggests the former has fared considerably weaker in the market. BLDP showed an intraday change of -2.92% in today’s session so far, and over the past year, it shrunk by -57.17%%.
Data on historical trading for Ballard Power Systems Inc (NASDAQ:BLDP) indicates that the trading volumes over the past 10 days have averaged 12.07 and over the past 3 months, they’ve averaged 9.77 million. According to company’s latest data on outstanding shares, there are 299.44 million shares outstanding.
Nearly 17.95% of Ballard Power Systems Inc’s shares belong to company insiders and institutional investors own 20.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.84 million shares as on 2025-03-31, resulting in a short ratio of 2.05. The stock has fallen by -29.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BLDP stock heading into the next quarter.
