Ballard Power Systems Stock News

Ballard Power Systems, Inc (NASDAQ: BLDP ) and Plug Power, Inc (NASDAQ: PLUG ) have declined massively over the past year with Ballard trading down about 76% off its Feb. 9 all-time high of $42.28 and Plug Power plummeting about 68% from its all-time high of $75.49, which the stock reached on Jan. 26. The two fuel cell-focused companies have begun to show some strength recently, however, especially when compared to the general markets that have been volatile and indecisive lately. On Jan. 28, both Ballard and Plug Power printed signs the bottom is in for the stocks, although Plug Power looks slightly stronger over the long-term because it has confirmed a trend change to the upside. It should be noted that events affecting the general markets, negative or positive reactions to earnings prints and news headlines about a stock can quickly invalidate patterns and breakouts. As the saying goes, "the trend is your friend until it isn''t" and any trader in a position should have a clear stop set in place and manage their risk versus reward.

That rally may not last very long.

Stocks in Toronto returned to the win column with a vengeance Tuesday, with strength in health-care and tech stocks providing much of the impetus. The S&P/TSX Composite leaped 150.04 points to close Tuesday at 21,502.55. The Canadian dollar dipped 0.03 cents at 78.53 cents U.S. Pot stocks led the charge upward, with Aurora Cannabis surging 38 cents, or 6.9%, to $5.88, while rival Tilray took on 49 cents, or 5.7%, to $9.05. Among industrials, Ballard Power Systems jumped $1.21, or 10.3%, to $13.02, while Lion Electric hiked 49 cents, or 4.3%, to $11.33. Techs also had a field day, with Lightspeed growing $3.71, or 10.1%, to $40.33, while HUT 8 Mining grabbed 61 cents, or 7%, to $9.37. Gold brought the index down, with Equinox faltering 17 cents, or 2.1%, to $7.99, while Barrick Gold slid 52 cents, or 1.9%, to $26.33. Materials did not fare much better, with Capstone Mining skidding 26 cents, or 4%, to $6.17, while SSR Mining paled 48 cents, or 2.1%, to $22.44. In the energy field, Suncor fade 67 cents, or 1.8%, to $37.17, while Imperial Oil dropped 64 cents, or 1.1%, to $55.63.

VANCOUVER, BC, Feb. 15, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday, March 14th, 2022 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review fourth quarter and full year 2021 operating results. The live call can be…

Monday afternoon''s top analyst upgrades and downgrades included American Water Works, Ballard Power, Exelon, Stanley Black & Decker, Taiwan Semiconductor and more.

BMO Capital analyst Jonathan Lamers downgraded Ballard Power Systems Inc (NASDAQ: BLDP) to Market Perform from Outperform and lowered the price target to $10 (an upside of 6%), from $23. Lamers'

BMO Capital analyst Jonathan Lamers downgraded Ballard Power Systems Inc (NASDAQ: BLDP ) to Market Perform from Outperform and lowered the price target to $10 (an upside of 6%), from $23. Lamers''s analysis indicates the company''s revenue growth will underperform fuel cell sector leaders through 2022. He expects the market to value the stock more consistently with the mid-point … Full story available on Benzinga.com

Ballard Power Systems <> briefly slumps near a 52-week low below $9/share after BMOCapital downgrades shares to Market Perform from Outperform with a $10 price target, slashed…

Monday, BMO analyst Jonathan Lamers downgraded shares of Ballard Power Systems stock to Hold from Buy. His price target tumbled to $10 from $23.

Upgrades For Enova International Inc (NYSE:ENVA), Maxim Group upgraded the previous rating of Hold to Buy. For the fourth quarter, Enova International had an EPS of $1.61, compared to year-ago quarter

BMO Capital analyst Jonathan Lamers downgraded Ballard Power Systems Inc BLDP to Market Perform from Outperform and lowered the price target to $10 (an upside of 6%), from $23. Lamers's analysis

Ballard Power Systems Inc. (BLDP) shares closed today 13.0% higher than it did at the end of yesterday. The stock is currently down 26.8% year-to-date, down 73.1% over the past 12 months, and up 381.7% over the past five years. Today, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.8%. Trading Activity Shares traded as high as $10.22 and as low as $8.57 this week.Shares closed 75.4% below its 52-week high and 21.4% above its 52-week low.Trading volume this week was 6.0% lower than the 10-day average and 17.8% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector today, lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -2.3% The company's stock price performance over the past 12 months lags the peer average by 6.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Investors see an opportunity after the recent sell-off in fuel cell stocks.

Investors see an opportunity after the recent sell-off in fuel cell stocks.

The hydrogen fuel cell specialist is down sharply from recent highs even as analysts see the industry soaring.