Does Ballard Power Systems Inc. (NASDAQ:BLDP) have hidden weakness?

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Ballard Power Systems (NASDAQ:BLDP) today announced consolidated financial results for the first quarter ended March 31, 2017. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).

“We made continued progress in Q1 on strategic positioning and improved financial performance,” said Randy MacEwen, President and CEO. “Our strategic focus on high growth and high gross margin market opportunities translated to 39% revenue growth and gross margin performance of 42%. With our performance in Q1, coupled with a record order book and sales pipeline for 2017 delivery, we see a strong set-up for the remainder of 2017.”

Ballard Power Systems Inc. stock had a weekly Volatility of 9.87% and a monthly volatility of 7.54%. Ballard Power Systems Inc. BLDP shares float stands at 156.91M.

Ballard Power Systems Inc. quarterly Return on Assets is -12.50%%, quarterly Return on Equity was -18.50%% while quarterly Return on Investments was -14.80%%.

Gross Margin during the quarter was 28.40%%. Net Profit Margin was -24.80%% and operating margin was -22.60%%. Current ratio was 2.50 while quick ratio was 2.10.

The company’s Total Debt/Equity stood at 0.06 while Long Term Debt/Equity was 0.05.

The company’s stock 50-Day High is $-23.28% and a 50-Day Low of $40.53%. 20-Day Simple Moving Average was $-6.74% while 50-Day Simple Moving Average was $10.39%.

The company announced EPS of $-0.13. This represents an EPS growth quarter over quarter of 26.50%%. EPS for the whole years was $-211.90%. For the last five years, the stock has reported an average EPS growth of 21.70%% and EPS growth for next year is projected to be 60.00%% while EPS growth for the next five years will be 0.03%%.

The company’s monthly average volume for the quarter was 1.62M and 1.62M for the full financial year. The relative volume was 2.51 for the quarter and 2.51 for the full financial year.

The Barchart Technical Opinion rating is a 8% Buy with a Weakest short term outlook on maintaining the current direction. Longer term, the trend strength is Weak. Long term indicators fully support a continuation of the trend.

The stock?s 50-Day High during the quarter was $-23.28% while the 50-Day Low was $40.53%. In the last financial year, the stock has a 52-Week High of $-23.28% and a 52-Week Low of $117.07%.

The company’s Insider Ownership was 0.50% and Institutional Ownership was 16.40%. Total Institutional Transactions amounted to -1.40%. Sales growth quarter over quarter was 53.50%%.

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