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Ballard Power Systems (TSE:BLDP) Trading 0.9% Higher - Time to Buy?

Ballard Power Systems logo with Industrials background

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report)'s share price traded up 0.9% on Tuesday . The stock traded as high as C$2.41 and last traded at C$2.32. 529,580 shares changed hands during trading, a decline of 40% from the average session volume of 876,878 shares. The stock had previously closed at C$2.30.

Ballard Power Systems Stock Down 2.7%

The company's 50 day moving average price is C$2.05 and its two-hundred day moving average price is C$1.98. The firm has a market cap of C$542.35 million, a PE ratio of -1.65, a PEG ratio of -2,030.00 and a beta of 1.72. The company has a current ratio of 9.01, a quick ratio of 13.57 and a debt-to-equity ratio of 3.82.

About Ballard Power Systems

(Get Free Report)

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.

Further Reading

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