Ballard Power Systems (TSE:BLDP) Hits New 12-Month Low at $3.61

Shares of Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as C$3.61 and last traded at C$3.62, with a volume of 298861 shares changing hands. The stock had previously closed at C$3.71.

Ballard Power Systems Price Performance

The company has a current ratio of 12.25, a quick ratio of 13.57 and a debt-to-equity ratio of 1.81. The business's 50-day simple moving average is C$4.09 and its two-hundred day simple moving average is C$4.51. The firm has a market cap of C$1.09 billion, a price-to-earnings ratio of -5.62, a P/E/G ratio of -2,030.00 and a beta of 1.69.

Insider Activity

In other Ballard Power Systems news, Senior Officer Sarbjot Sidhu sold 20,000 shares of the company's stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$3.80, for a total transaction of C$76,000.00. In other news, Senior Officer Kevin Michael Colbow sold 17,873 shares of the firm's stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of C$3.78, for a total transaction of C$67,559.94. Also, Senior Officer Sarbjot Sidhu sold 20,000 shares of the business's stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$3.80, for a total transaction of C$76,000.00. In the last three months, insiders have sold 40,482 shares of company stock valued at $153,370. 15.56% of the stock is currently owned by insiders.

About Ballard Power Systems

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.