Ballard Power Systems (BLDP, Financial) experienced a significant stock price decline of 5.11%, trading at $1.67 per share with a volume of 1.49631 million shares. The turnover rate was 0.50%, and the stock's price variation was 4.26%.
Financially, Ballard reported a revenue of $16 million, a net loss of $31.46 million, and an earnings per share (EPS) of -$0.11. The company's gross profit stood at -$7.56 million, with a price-to-earnings (P/E) ratio of -2.67.
In terms of ratings, out of 20 institutions surveyed, 10% recommended buying the stock, 65% advised holding, and 25% suggested selling.
The commercial equipment services industry, where Ballard operates, saw an overall decline of 0.23%. Despite this, other related stocks like Nuburu, Inc., Laser Photonics Corporation, and Nature's Miracle Holding Inc. saw significant gains and had high turnover rates of 1456.99%, 325.32%, and 267.35% respectively. These companies also experienced notable price fluctuations, with Laser Photonics Corporation, Nuburu, Inc., and Nature's Miracle Holding Inc. having amplitudes of 88.89%, 86.04%, and 58.12% respectively.
Ballard Power Systems specializes in proton exchange membrane (PEM) fuel cell products, focusing on heavy-duty power, material handling, and stationary power generation markets. Their primary sales regions include the U.S., Europe, and China.
