| Ballard Power Systems is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on the power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer and the license and sale of Co.'s intellectual property portfolio and fundamental knowledge for a variety of PEM fuel cell applications. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen to produce electricity. We show 13 historical shares outstanding datapoints in our BLDP shares outstanding history coverage, used to compute BLDP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BLDP market cap history over the course of time is important for investors
interested in comparing BLDP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BLDP versus a peer is one thing; comparing
BLDP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BLDP can fluctuate over the course of history.
With this page we aim to empower investors researching BLDP by allowing them to research the BLDP market cap history.