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Ballard Power Systems (TSE:BLDP) Sets New 12-Month Low - Here's What Happened

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Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$1.45 and last traded at C$1.45, with a volume of 690482 shares traded. The stock had previously closed at C$1.55.

Ballard Power Systems Stock Performance

The stock has a 50-day moving average of C$1.82 and a 200 day moving average of C$2.08. The firm has a market capitalization of C$350.31 million, a P/E ratio of -1.06, 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.

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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