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Ballard Power Systems (BLDP) in Focus: Stock Moves 6.3% Higher

Zacks Equity Research

Ballard Power Systems Inc. (BLDP) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the near-flat price range of $1.47 to $1.69 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the electronic-miscellaneous components sector include Fabrinet (FN), IEC Electronics Corp. (IEC) and TTM Technologies Inc. (TTMI). All these stocks carry a Zacks Rank #2 (Buy).

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(BLDP): Free Stock Analysis Report

FABRINET (FN): Free Stock Analysis Report

IEC ELECTRONICS CORP (IEC): Free Stock Analysis Report

TTM TECHNOLOGIES INC (TTMI): Free Stock Analysis Report

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