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Ballard Power Systems (TSE:BLDP) Sets New 12-Month Low - Should You Sell?

Ballard Power Systems logo with Industrials background
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Shares of Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$1.56 and last traded at C$1.59, with a volume of 501481 shares trading hands. The stock had previously closed at C$1.62.

Ballard Power Systems Stock Performance

The firm has a market capitalization of C$324.99 million, a P/E ratio of -0.99, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The company has a current ratio of 9.01, a quick ratio of 13.57 and a debt-to-equity ratio of 3.82. The business's 50 day simple moving average is C$1.88 and its two-hundred day simple moving average is C$2.12.

Ballard Power Systems Company Profile

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Ballard is a world leader in proton exchange membrane fuel cell, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (consisting of bus, truck, rail, and marine applications), material handling, and stationary power generation.

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