Ballard Power Forges Ahead Amid Market Challenges
TipRanks (Thu, 25-Apr 6:28 AM ET)
Ballard announces orders for 70 hydrogen fuel cell engines for delivery to Wrightbus in 2024
PRNewswire (Tue, 16-Apr 8:30 AM ET)
Ballard Announces Q1 2024 Results Conference Call
PRNewswire (Tue, 9-Apr 8:30 AM ET)
PRNewswire (Mon, 1-Apr 8:35 AM ET)
PRNewswire (Mon, 1-Apr 8:15 AM ET)
Ballard Announces Appointment of Jacqui Dedo to Board of Directors
PRNewswire (Wed, 27-Mar 8:30 AM ET)
PRNewswire (Thu, 14-Mar 8:30 AM ET)
Ballard Reports Q4 2023 Results
PRNewswire (Mon, 11-Mar 8:30 AM ET)
Ballard announces 15 MW order for stationary power market
PRNewswire (Tue, 5-Mar 8:30 AM ET)
Ballard Announces Q4 and Full Year 2023 Results Conference Call
PRNewswire (Mon, 26-Feb 8:30 AM ET)
Ballard Power Systems Inc is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the US, Europe, and China.
Ballard Power Systems - Common Shares trades on the NASDAQ stock market under the symbol BLDP.
As of April 25, 2024, BLDP stock price declined to $2.46 with 1,103,744 million shares trading.
BLDP has a beta of 2.07, meaning it tends to be more sensitive to market movements. BLDP has a correlation of 0.27 to the broad based SPY ETF.
BLDP has a market cap of $735.63 million. This is considered a Small Cap stock.
Last quarter Ballard Power Systems - Common Shares reported $47 million in Revenue and -$.16 earnings per share. This beat revenue expectation by $13 million and missed earnings estimates by -$.03.
In the last 3 years, BLDP stock traded as high as $23.13 and as low as $2.42.
The top ETF exchange traded funds that BLDP belongs to (by Net Assets): PBW, DRIV, HYDR, CNRG, QCLN.
BLDP has underperformed the market in the last year with a price return of -46.5% while the SPY ETF gained +22.7%. BLDP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.1% and -21.9%, respectively, while the SPY returned +3.3% and -2.8%, respectively.
BLDP support price is $2.45 and resistance is $2.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BLDP stock will trade within this expected range on the day.