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Ballard Power Systems (TSE:BLDP) Trading 0.4% Higher - Still a Buy?

Ballard Power Systems logo with Industrials background

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

Ballard Power Systems Stock Down 0.9%

The company's fifty day moving average is C$1.78 and its 200-day moving average is C$1.98. The company has a market capitalization of C$479.04 million, a PE ratio of -1.46, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The company has a debt-to-equity ratio of 3.82, a quick ratio of 13.57 and a current ratio of 9.01.

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.

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