News stories about Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ballard Power Systems earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 44.8008443076796 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Ballard Power Systems (BLDP) PT Set at $3.00 by Roth Capital (americanbankingnews.com)
- Ballard to Co-Host ‘FCB OLSO18’ Fuel Cell Bus Event Being Held April 17th in Oslo, Norway (finance.yahoo.com)
- Ballard Power Systems (BLDP) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- Ballard Power Systems (BLDP) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Ballard Power Systems (BLDP) Cut to “Sell” at BidaskClub (americanbankingnews.com)
NASDAQ:BLDP traded up $0.12 during midday trading on Tuesday, hitting $3.66. 295,231 shares of the company were exchanged, compared to its average volume of 1,960,910. Ballard Power Systems has a fifty-two week low of $2.55 and a fifty-two week high of $5.93. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.61 and a quick ratio of 2.17. The firm has a market capitalization of $628.63, a P/E ratio of -121.33 and a beta of 1.98.
Several equities research analysts have recently issued reports on BLDP shares. Zacks Investment Research cut shares of Ballard Power Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. BidaskClub cut shares of Ballard Power Systems from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. B. Riley set a $6.00 price objective on shares of Ballard Power Systems and gave the stock a “buy” rating in a research report on Friday, January 5th. Roth Capital set a $5.00 price objective on shares of Ballard Power Systems and gave the stock a “hold” rating in a research report on Thursday, January 4th. Finally, ValuEngine cut shares of Ballard Power Systems from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $4.88.
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About Ballard Power Systems
Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products worldwide. The company provides motive power products, including FCveloCity-9SSL and FCveloCity-1020ACS fuel cell stacks, as well as FCveloCity modules for material handling, bus, commercial vehicle, and light rail applications.
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