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Ballard Power Systems (TSE:BLDP) Trading Up 6.5% - Should You Buy?

Ballard Power Systems logo with Industrials background

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report)'s stock price was up 6.5% on Monday . The stock traded as high as C$1.80 and last traded at C$1.80. Approximately 245,740 shares traded hands during trading, a decline of 71% from the average daily volume of 835,673 shares. The stock had previously closed at C$1.69.

Ballard Power Systems Stock Up 1.2 %

The firm's 50-day moving average price is C$1.73 and its two-hundred day moving average price is C$2.02. The firm has a market cap of C$360.86 million, a PE ratio of -1.10, a P/E/G 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.

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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