Ballard Power Systems (NASDAQ:BLDP - Get Free Report) TSE: BLD will likely be issuing its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $28.55 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.
Ballard Power Systems Trading Down 2.4 %
BLDP traded down $0.03 during mid-day trading on Tuesday, hitting $1.20. 7,693,502 shares of the stock were exchanged, compared to its average volume of 10,390,516. The firm's fifty day moving average is $1.47 and its two-hundred day moving average is $1.57. Ballard Power Systems has a 1-year low of $1.08 and a 1-year high of $3.38. The company has a market cap of $359.33 million, a PE ratio of -1.09 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.
Analyst Upgrades and Downgrades
Several research firms have recently commented on BLDP. CIBC lowered their price objective on shares of Ballard Power Systems from $1.40 to $1.20 and set an "underperformer" rating for the company in a research note on Wednesday, December 4th. TD Cowen raised Ballard Power Systems to a "strong sell" rating in a research report on Monday, January 13th. Seven research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $2.77.
View Our Latest Analysis on BLDP
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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