Back to top

Image: Bigstock

Ballard Power (BLDP) Catches Eye: Stock Adds 9.2% in Session

Read MoreHide Full Article

Ballard Power Systems Inc. (BLDP - Free Report) was a big mover last session, as its shares rose over 9% on the day. The move came after the company inked an $11 million worth definitive equipment supply agreement with Zhongshan Broad-Ocean Motor Co., Ltd. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 21% in the past one-month time frame.

The company has seen one negative estimate revision in the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ballard Power currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.

A better-ranked stock in the Electronics – Miscellaneous Components space is ZAGG Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
    
Is BLDP going up? Or down? Predict to see what others think: Up or Down

Zacks' Hidden Trades

While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?                                                                                            
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.                                                                                             Click here for Zacks' scret trade>>
 


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Ballard Power Systems, Inc. (BLDP) - free report >>

Published in