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Ballard Power (BLDP) in Focus: Stock Moves 7.7% Higher
Ballard Power Systems Inc. (BLDP - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.82 to $15.96 in the past one-month time frame.
The company has seen four negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also become wider over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Ballard Power currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Ballard Power Systems, Inc. Price
Ballard Power Systems, Inc. price | Ballard Power Systems, Inc. Quote
A better-ranked stock in the Electronics - Miscellaneous Components industry is SMTC Corporation , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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