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

Ballard Power Systems Inc.BLDP 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.

Ballard Power Systems, Inc. Price

Ballard Power Systems, Inc. Price | Ballard Power Systems, Inc. Quote

A better-ranked stock in the Electronics - Miscellaneous Components space is ZAGG Inc. ZAGG , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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ZAGG Inc (ZAGG): Free Stock Analysis Report

Ballard Power Systems, Inc. (BLDP): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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