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Ballard Power Systems (TSE:BLDP) Reaches New 12-Month Low - Here's Why

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Shares of Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$1.70 and last traded at C$1.68, with a volume of 454420 shares trading hands. The stock had previously closed at C$1.75.

Ballard Power Systems Stock Performance

The company has a market capitalization of C$377.75 million, a PE ratio of -1.15, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The company has a debt-to-equity ratio of 3.82, a quick ratio of 13.57 and a current ratio of 9.01. The stock's fifty day simple moving average is C$2.14 and its 200-day simple moving average is C$2.21.

Ballard Power Systems Company Profile

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Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.

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