|Bid||14.20 x 900|
|Ask||14.30 x 2200|
|Day's Range||14.31 - 15.19|
|52 Week Range||8.87 - 42.28|
|Beta (5Y Monthly)||1.79|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.22|
With us today are Randy MacEwen, Ballard's president and CEO; and Paul Dobson, our chief financial officer. In Q1, Ballard revenue was $17.6 million, consistent with our internal projections and reflecting a muted China market currently awaiting further policy pronouncements.
Ballard Power fell short of Q1 estimates late Monday after announcing an alliance with Linamar to sell fuel cell powertrains.
Among fuel cell companies, Plug Power (NASDAQ: PLUG), Ballard Power Systems (NASDAQ: BLDP), and Bloom Energy (NYSE: BE) are down 64%, 55%, and 45%, respectively, over the past three months. After Ballard reported quarterly financial results last night, shares of the companies continue to fall today. Bloom Energy dropped 8.6%.