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Ballard Power Systems (TSE:BLDP) Trading Up 0.5% - Time to Buy?

Ballard Power Systems logo with Industrials background

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) shot up 0.5% during trading on Friday . The stock traded as high as C$2.00 and last traded at C$1.98. 503,239 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 984,575 shares. The stock had previously closed at C$1.97.

Ballard Power Systems Stock Performance

The company has a current ratio of 10.90, a quick ratio of 13.57 and a debt-to-equity ratio of 3.04. The business's 50 day simple moving average is C$2.27 and its two-hundred day simple moving average is C$2.31. The firm has a market capitalization of C$568.88 million, a PE ratio of -2.68, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72.

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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