With 5.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.59 million shares. The 52-week range on BLDP shows that it touched its highest point at $3.34 and its lowest point at $1.00 during that stretch. It currently has a 1-year price target of $1.85. Beta for the stock currently stands at 1.68.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLDP was up-trending over the past week, with a rise of 8.00%, but this was up by 17.39% over a month. Three-month performance dropped to -2.17% while six-month performance fell -19.16%. The stock lost -52.46% in the past year, while it has lost -18.67% so far this year. A look at the trailing 12-month EPS for BLDP yields -1.02 with Next year EPS estimates of -0.34. For the next quarter, that number is -0.10. This implies an EPS growth rate of 66.14% for this year and 6.54% for next year. EPS is expected to grow by 36.32% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -45.23%.
Float and Shares Shorts:
At present, 299.83 million BLDP shares are outstanding with a float of 246.01 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLDP since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.93037 being high and -$1.06605 being low. For BLDP, this leads to a yearly average estimate of -$1.01759.
