Ballard Power Systems (TSE:BLDP) Insider David Mucciacciaro Sells 21,346 Shares

Key Points

• David Mucciacciaro, an insider at Ballard Power Systems, sold 21,346 shares of the company's stock at an average price of C$2.83, leading to a total sale value of C$60,494.56.
• The sale represents an 89.61% decrease in Mucciacciaro's ownership of Ballard Power Systems, leaving him with only 2,476 shares valued at C$7,016.98.
• Ballard Power Systems' stock recently traded at C$2.61, marking a decline of 2.2%, with a market capitalization of C$784.51 million and a PE ratio of -2.64.

Ballard Power Systems Inc. (TSE:BLDP - ) insider David Mucciacciaro sold 21,346 shares of the business's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of C$2.83, for a total value of C$60,494.56. Following the completion of the sale, the insider directly owned 2,476 shares in the company, valued at C$7,016.98. This trade represents a 89.61% decrease in their ownership of the stock.

Ballard Power Systems Stock Down 2.2%

Ballard Power Systems stock traded down C$0.06 during mid-day trading on Tuesday, hitting C$2.61. The company had a trading volume of 393,865 shares, compared to its average volume of 807,954. The company has a current ratio of 9.01, a quick ratio of 13.57 and a debt-to-equity ratio of 3.82. The stock's 50 day moving average price is C$2.60 and its two-hundred day moving average price is C$2.10. Ballard Power Systems Inc. has a 12 month low of C$1.44 and a 12 month high of C$3.10. The company has a market capitalization of C$784.51 million, a PE ratio of -2.64, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.59.

Ballard Power Systems Company Profile

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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