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Ballard Power Systems (TSE:BLDP) Stock Price Up 0.4% - Here's What Happened

Ballard Power Systems logo with Industrials background

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) shares rose 0.4% during trading on Wednesday . The stock traded as high as C$2.35 and last traded at C$2.29. Approximately 626,126 shares traded hands during trading, a decline of 32% from the average daily volume of 917,368 shares. The stock had previously closed at C$2.28.

Ballard Power Systems Price Performance

The company's fifty day moving average is C$1.81 and its 200 day moving average is C$1.98. The firm has a market cap of C$470.60 million, a price-to-earnings ratio of -1.43, a PEG ratio of -2,030.00 and a beta of 1.72. The company has a quick ratio of 13.57, a current ratio of 9.01 and a debt-to-equity ratio of 3.82.

Ballard Power Systems Company Profile

(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.

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