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Ballard Power Systems (TSE:BLDP) Trading 14.1% Higher - Should You Buy?

Ballard Power Systems logo with Industrials background
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Shares of Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) shot up 14.1% on Tuesday . The stock traded as high as C$1.87 and last traded at C$1.86. 1,131,310 shares were traded during trading, an increase of 15% from the average session volume of 986,020 shares. The stock had previously closed at C$1.63.

Ballard Power Systems Trading Up 4.6 %

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 firm's 50 day simple moving average is C$2.13 and its two-hundred day simple moving average is C$2.21. The stock 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

(Get Free Report)

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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