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

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

Ballard Power Systems Stock Down 2.8%

The company has a market capitalization of C$438.95 million, a price-to-earnings ratio of -1.33, a PEG ratio of -2,030.00 and a beta of 1.72. The stock's fifty day simple moving average is C$1.86 and its two-hundred day simple moving average is C$1.99. The company has a debt-to-equity ratio of 3.82, a current ratio of 9.01 and a quick ratio of 13.57.

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.