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Ballard Power Systems (TSE:BLDP) Shares Down 3.2% - Time to Sell?

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Ballard Power Systems Inc. (TSE:BLDP - Get Free Report)'s share price was down 3.2% during mid-day trading on Wednesday . The company traded as low as C$1.80 and last traded at C$1.80. Approximately 240,842 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 981,730 shares. The stock had previously closed at C$1.86.

Ballard Power Systems Stock Up 4.6 %

The business's 50 day moving average is C$2.13 and its 200-day moving average is C$2.20. The stock has a market cap of C$381.97 million, a price-to-earnings ratio of -1.16, a PEG 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.

About Ballard Power Systems

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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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