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

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

Ballard Power Systems Price Performance

The company has a quick ratio of 13.57, a current ratio of 9.01 and a debt-to-equity ratio of 3.82. The stock's 50-day moving average is C$2.13 and its 200-day moving average is C$2.20. The firm has a market cap of C$381.97 million, a P/E ratio of -1.16, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72.

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.

Further Reading

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