BLDP - Ballard Power Systems Inc.
| Previous Close | 11.17 |
| Open | 11.21 |
| Bid | 11.31 x 1300 |
| Ask | 11.36 x 3000 |
| Day's Range | 11.03 - 11.38 |
| 52 Week Range | 2.85 - 12.13 |
| Volume | 1,558,752 |
| Avg. Volume | 2,826,719 |
| Market Cap | 2.655B |
| Beta (5Y Monthly) | 2.44 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.18 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 5.38 |
- Simply Wall St.
Imagine Holding Ballard Power Systems (TSE:BLDP) Shares While The Price Zoomed 462% Higher
We think that it's fair to say that the possibility of finding fantastic multi-year winners is what motivates many...
- CNW Group
Ballard Announces Q4 and Full Year 2019 Results Conference Call
Ballard Announces Q4 and Full Year 2019 Results Conference Call
- Zacks
Ballard Power Systems (BLDP) Stock Moves -0.8%: What You Should Know
In the latest trading session, Ballard Power Systems (BLDP) closed at $9.87, marking a -0.8% move from the previous day.
- PR Newswire
Ballard Powers Fuel Cell Electric Vehicles For Unprecedented 30 Million Kilometers - Enough to Circle the Globe 750 Times
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that the Company's proton exchange membrane (PEM) fuel cell technology and products have now successfully powered Fuel Cell Electric Vehicles – or FCEVs – in commercial Heavy- and Medium-Duty Motive applications for an industry-leading cumulative total of more than 30 million kilometers (18.5 million miles) on roads around the globe.
- InvestorPlace
FCEL Stock Very Well May Be the Next Renewable Stock to Soar
FuelCell Energy (NASDAQ:FCEL) often gets compared to Plug Power (NASDAQ:PLUG). Although FCEL stock has also had some momentum recently, it's a tenuous comparison.Source: Kaca Skokanova/Shutterstock Both companies ostensibly are "fuel cell" plays, yet their operating models are completely different. After all, Plug Power uses fuel cell technology to power forklifts and other electric vehicles. FuelCell Energy, however, is in the power generation business. Its model sits much closer to Bloom Energy (NYSE:BE) than to Plug Power.That said, from a financial standpoint, the grouping of FCEL and PLUG -- not to mention Bloom Energy and Ballard Power Systems (NASDAQ:BLDP) -- does make some sense. Fuel cell stocks as a whole have been notorious destroyers of investor capital.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBoth PLUG stock and FCEL stock have lost more than 99% of their value from past peaks. FuelCell Energy stock, in fact, is down nearly 99% just in the last five years.The entire sector has just a handful of profitable quarters -- and not a single full year of positive earnings. Fuel cell stocks have always been tantalizing, and seemingly always just a year or two away from finally fulfilling their promise. Disappointment, without exception, has followed. * 10 Cheap Stocks to Buy Under $10 But Plug Power has managed to execute an intriguing turnaround of late, with its shares up 173% over the past year. FCEL stock has seen similar optimism, with shares gaining a stunning 1,500% from a Jun. 26 intraday low.Even with those gains, however, its turnaround is in the earlier stages -- which means it might be the next fuel cell stock to soar, or once again the next to disappoint. The Case for FCEL StockThe gains of late aren't quite as impressive as they seem. The June lows came just before FuelCell itself warned of a possible bankruptcy filing. Shares, somewhat incredibly given the fierce rally of late, still are down 68% over the past year.But FuelCell has delivered reason for optimism. Much of the rally has come since November. Early that month, the company announced a 2-year carbon capture agreement with Exxon Mobil (NYSE:XOM). The same day, the company released details of a $200 million credit facility. Shares doubled on the two pieces of news and would rise a whopping 230% in just seven trading sessions.The next catalyst came just before Christmas. A long-delayed project with Edison International (NYSE:EIX) subsidiary Southern California Edison finally came online. The opening with a 2.8-megawatt facility in Tulare, California came with a 20-year power purchase agreement.As a result, a company that looked like it wasn't going to make it through 2019 without restructuring had an improved balance sheet and a large, legitimate project that would provide revenue for some two decades. The addition of respected partners in Edison and Exxon Mobil boosted the long-term case as well. FuelCell Energy stock again soared.This simply looks like a different, better company than it did six months ago. Bulls might even argue that it looks like a better company than it did a year ago -- when FCEL stock traded near $7 (adjusted for a 1-for-12 reverse split in May). \Even considering substantial dilution from warrants issued in the loan facility, that argument still suggests that shares have a continued rally ahead from the current price just above $2. The RisksIt's in that context that the rally in PLUG stock is perhaps more material than it might seem. The skeptical answer to any rally in pretty much any fuel cell stock is simple: we've been here before. Yes, there's some good news, but there's been good news plenty of times in the past. Investors have always ended up disappointed, and this time won't be any different.But those skeptics would have missed out on the rally in Plug Power stock. And that rally thus likely changes the narrative surrounding FuelCell Energy at the moment. Even though the operating models of the two companies are different, investors may not want to miss out on the "next" big winner in the space, and they may have more willingness to take on the industry's risk than they would have otherwise. The Bottom Line on FCEL StockThat said, history isn't the only risk. FuelCell Energy has a long, long way to go. Long-term adoption of fuel cell technology is far from guaranteed. Battery technology from the likes of Tesla (NASDAQ:TSLA) may better represent the future of "clean" energy.Meanwhile, short-term price movements don't completely negate that history. FuelCell Energy has been around since 1969. The company went public in 1992. It's certainly fair to wonder if there simply is a structural problem with the industry and the business model that suggests long-term profitability isn't on the way. Again, the company has been around for more than 50 years and still is burning cash.That history, as well as the intense competition in the renewable energy space more broadly, is enough to keep me personally on the sidelines. But the market may well see it differently, and at the very least FuelCell Energy has a chance to prove that this time indeed is different. That's more than the company could say just six months ago, and the key reason why FCEL stock has soared.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post FCEL Stock Very Well May Be the Next Renewable Stock to Soar appeared first on InvestorPlace.
- CNW Group
Ballard Signs ESAs for Fuel Cell Stacks to Support Backup Power Systems at German Radio Towers
VANCOUVER and HOBRO, Denmark , Jan. 14, 2020 /CNW/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has signed Equipment Sales Agreements (ESAs) for the provision of an initial 500 FCgen®-1020ACS fuel cell stacks to adKor GmbH ("adKor"; www.adkor.de/en/) and SFC Energy AG ("SFC Energy"; www.sfc.com/en/), to be integrated into adKor's Jupiter backup power systems for deployment at radio tower sites in Germany through the end of 2021. Contracts have been awarded to adKor for the supply of fuel cell backup power systems to support an initial tranche of 500 radio tower sites in Germany – with the potential for a total of up to 1,500 radio tower sites – and adKor has sub-contracted a portion of the work to SFC Energy.
- PR Newswire
Deloitte-Ballard Joint White Paper Assesses Hydrogen & Fuel Cell Solutions for Transportation
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) and Deloitte China today announced the release of a joint white paper entitled "Fueling the Future of Mobility: Hydrogen and fuel cell solutions for transportation" at the Consumer Technology Association's CES 2020 trade show being held in Las Vegas, Nevada. This white paper is the first volume in a series exploring how hydrogen is set to power the future of mobility. Click here to download the white paper.
- Zacks
Ballard Power (BLDP) Catches Eye: Stock Jumps 6.3%
Ballard Power (BLDP) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- Simply Wall St.
When Can We Expect A Profit From Ballard Power Systems Inc. (TSE:BLDP)?
Ballard Power Systems Inc.'s (TSE:BLDP): Ballard Power Systems Inc. engages in the design, development, manufacture...
- Insider Monkey
Did Hedge Funds Drop The Ball On Ballard Power Systems Inc. (BLDP) ?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
CNW GroupBallard-Powered Fuel Cell Tram-Buses From Van Hool Now in Revenue Service in France
Ballard-Powered Fuel Cell Tram-Buses From Van Hool Now in Revenue Service in France
CNW GroupBallard Receives $19.2M Order from Weichai-Ballard JV for MEAs to Power Fuel Cell Electric Vehicles in China
Ballard Receives $19.2M Order from Weichai-Ballard JV for MEAs to Power Fuel Cell Electric Vehicles in China
- PR Newswire
Ballard and HDF Energy Sign Development Agreement For Multi-Megawatt Fuel Cell Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has signed a Product Development Agreement with Hydrogene de France ("HDF Energy"; www.hdf-energy.com), an Independent Power Producer dedicated to renewable power generation, for the development and integration of a multi-megawatt (MW) scale fuel cell system into HDF Energy's Renewstable® power plant designed for stationary power applications.
- CNW Group
Ballard Announces Order From Van Hool For 20 Fuel Cell Modules to Power Buses in Holland
VANCOUVER , Dec. 4, 2019 /CNW/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced a purchase order from Van Hool (https://www.vanhool.be/en/), a leading bus OEM and Ballard partner headquartered in Belgium , for 20 FCveloCity®-HD 85-kilowatt (kW) fuel cell modules to power buses in Groningen, the Netherlands , under the JIVE2 funding program. Shell has been contracted to build a hydrogen refueling station at the Peizerweg bus depot in Groningen to support this fleet of FCEBs, with each bus having a range of 350-to-400 kilometers (220-to-250 miles) between refuelings.
- Simply Wall St.
Could Ballard Power Systems Inc.'s (TSE:BLDP) Investor Composition Influence The Stock Price?
Every investor in Ballard Power Systems Inc. (TSE:BLDP) should be aware of the most powerful shareholder groups. Large...
- Benzinga
Analyst Exchange Pinpoints Confusion Over Ballard Power China Ramp-Up
One week after the Ballard Power Systems' (NASDAQ: BLDP) Q3 earnings release, industry experts continue to disagree over the future of Chinese hydrogen subsidies and the impact on the Canadian fuel cell manufacturer's ability to grow business in the world's largest truck market. In an earnings update published earlier this week, Henrik Alex of Seeking Alpha singled out what he referred to as "perhaps the most astonishing statement by management" during Ballard Power's earnings call, when President and CEO Randy MacEwen stated that a new wave of Chinese fuel cell vehicle subsidies was forthcoming. In a letter published last September, the ministry announced it would end incentives for hydrogen fuel cell vehicles in 2020.
