Ballard Power Systems (NASDAQ:BLDP - Get Free Report) TSE: BLD will likely be releasing its earnings data before the market opens on Thursday, March 13th. Analysts expect Ballard Power Systems to post earnings of ($0.18) per share and revenue of $28.55 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
Ballard Power Systems Price Performance
Shares of BLDP traded up $0.05 during trading hours on Friday, reaching $1.26. 5,863,668 shares of the company's stock traded hands, compared to its average volume of 10,487,995. The stock has a market cap of $377.29 million, a PE ratio of -1.15 and a beta of 1.75. The company has a current ratio of 9.01, a quick ratio of 8.19 and a debt-to-equity ratio of 0.03. The firm's 50 day simple moving average is $1.48 and its 200-day simple moving average is $1.57. Ballard Power Systems has a 12 month low of $1.08 and a 12 month high of $3.38.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on BLDP. CIBC dropped their price target on Ballard Power Systems from $1.40 to $1.20 and set an "underperformer" rating for the company in a research report on Wednesday, December 4th. TD Cowen upgraded Ballard Power Systems to a "strong sell" rating in a research report on Monday, January 13th. Seven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $2.77.
Check Out Our Latest Analysis on Ballard Power Systems
About Ballard Power Systems
(
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Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.
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