Ballard Power Systems (BLDP, Financial) recently experienced a 5% surge in its stock price, reaching $1.68 per share with a trading volume of 2.00186 million shares and a turnover rate of 0.67%. Despite this uptick, the company's latest financial report shows mixed results. It reported revenue of $16 million but a net loss of $31.46 million, resulting in an earnings per share (EPS) of -$0.11 and a gross profit of -$7.56 million. The price-to-earnings (P/E) ratio stands at -2.66.
Analyst ratings for Ballard Power Systems show varied opinions: 10% of the 20 institutions rate it as a buy, 65% recommend holding, and 25% suggest selling. The company operates within the commercial equipment and services industry, which recently saw an overall decline of 0.33%.
In the commercial equipment and services sector, Schmid Group N.V., Nano Nuclear Energy Inc., and Zjk Industrial Co., Ltd. posted notable gains. Active stocks include Nuburu, Inc., Nuscale Power Corporation, and Nano Nuclear Energy Inc., with turnover rates of 60.86%, 27.61%, and 24.55%, respectively. Stocks with significant volatility include Smart Charging (54.05%), Nano Nuclear Energy Inc. (19.70%), and Laser Photonics Corporation (17.55%).
Ballard Power Systems is a leader in the proton exchange membrane fuel cell industry, focusing on designing, developing, and commercializing fuel cell products for heavy-duty power, material handling, and stationary power generation markets. Its sales are primarily concentrated in the United States, Europe, and China.
