Ballard Power Systems (BLDP) in Focus: Stock Jumps 16.4%

Zacks Equity Research
December 5, 2013

Ballard Power Systems Inc. (BLDP) was a big mover last session, as the company saw its shares rise by over 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.27 to $1.38 in the past one-month time frame.

None of the estimates for this manufacturer of proton exchange membrane fuel cells moved up or down over the past one month. Also, the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ballard Power Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the electronic miscellaneous components industry include Fabrinet (FN), Kyocera Corp. (KYO), and KEMET Corp. (KEM). While Fabrinet and Kyocera hold a Zacks Rank #1 (Strong Buy), KEMET carries a Zacks Rank #2 (Buy).

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BALLARD POWER SYSTEMS INC (BLDP): Free Stock Analysis Report

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