Ballard Power Systems (TSE:BLDP) Trading Down 3.2% – Should You Sell?

Ballard Power Systems Inc. (TSE:BLDPGet Free Report) shares fell 3.2% on Wednesday . The stock traded as low as C$1.80 and last traded at C$1.80. 240,842 shares were traded during mid-day trading, a decline of 75% from the average session volume of 981,730 shares. The stock had previously closed at C$1.86.

Ballard Power Systems Stock Down 2.2 %

The firm has a market cap of C$384.08 million, a price-to-earnings ratio of -1.17, 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. The business’s 50-day moving average is C$2.17 and its 200-day moving average is C$2.22.

About Ballard Power Systems

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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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