Ballard Power Systems (BLDP) Surges: Stock Moves 16.1% Higher – Tale of the Tape

February 25, 2014 Technicals 0

Zacks

Ballard Power Systems Inc. (BLDP) was a big mover last session, as the company saw its shares rise by over 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 46% in the past one-month time frame.

This industrial electrical equipment company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ballard Power Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include CTS Corporation (CTS), Nidec Corporation (NJ) and TDK Corp. (TTDKY). All these stocks hold a Zacks Rank #1 (Strong Buy).

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