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Ballard Power Systems (TSE:BLDP) Shares Up 0.9% - Here's Why

Ballard Power Systems logo with Industrials background

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) shares were up 0.9% during trading on Thursday . The company traded as high as C$2.39 and last traded at C$2.35. Approximately 646,712 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 1,364,353 shares. The stock had previously closed at C$2.33.

Ballard Power Systems Stock Performance

The firm has a market cap of C$688.64 million, a price-to-earnings ratio of -3.24, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The stock's 50 day moving average is C$2.23 and its 200 day moving average is C$2.47. The company has a current ratio of 10.90, a quick ratio of 13.57 and a debt-to-equity ratio of 3.04.

About Ballard Power Systems

(Get Free Report)

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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