Ballard Power Systems (TSE:BLDP) Shares Down 11.2% - Should You Sell?

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report)'s share price fell 11.2% during mid-day trading on Tuesday . The company traded as low as C$2.13 and last traded at C$2.14. 793,991 shares were traded during trading, a decline of 12% from the average session volume of 907,031 shares. The stock had previously closed at C$2.41.

Ballard Power Systems Stock Down 9.5%

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 company has a market capitalization of C$460.05 million, a PE ratio of -1.40, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The business's 50 day simple moving average is C$1.83 and its 200 day simple moving average is C$1.98.

About Ballard Power Systems

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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