Economy

Is there Inherent Value in Ballard Power Systems Inc. (TSX:BLDP)

About 1.46M shares traded or 41.75% up from the average. The relative volume of the stock is 1.96, while its market cap is $636.78 Million. They now have a Dollars 1.4 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Ballard Power Systems Inc.as 28.4 Million. (TSX:BLDP) is 77. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Analysts‟ target price forecasts are a prediction of a stock‟s future price, generally over the 12 months following the release date (Asquith et al., 2005). This gives investors an idea of how much the security has moved in the previous year and whether it is trading near the top, middle or bottom of the range. Taking a look at the performance of BLDP, it is found that the weekly performance for this stock is valued at 20.06% and the performance for the month at 36.40%.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. They now have a Dollars 3.5 price target on the stock. It represents the number of a stock's shares that are being shorted by investors. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. The Stock now has a Weekly Volatility of 6.21% and Monthly Volatility of 4.32%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ballard Power Systems, Inc. with MarketBeat.com's FREE daily email newsletter. The company now has Return on Equity of -7.70%. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. The high and low revenue estimates for the current quarter are $29.3 Million and $26.9 Million, respectively. The company has market cap of $784.32 million.

A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. There are advantages to using a moving average in your trading, as well options on what type of moving average to use. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that BLDP is a Strong buy, which implies that BLDP is expected to outperform the market based on prior trading patterns. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 52.34% from current stock levels.

Return on Investment measures the amount of return on an investment relative to the investment's cost.

Volatility is the dispersion of returns for a given stock. The 6 months bullish chart indicates low risk for the $747.22M company.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Zacks Investment Research upgraded Ballard Power Systems from a hold rating to a buy rating and set a $3.25 price target for the company in a research report on Tuesday, August 8th.

Some buy side analysts are also providing their Analysis on Ballard Power Systems Inc., where 3 analysts have given a Buy signal, 2 said it's a HOLD. (NASDAQ:BLDP)'s short interest is 2.57 million shares, or 1.64% of the float. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable.



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