Ballard Power Systems (TSE:BLDP) Trading Down 0.7% – What’s Next?

Ballard Power Systems Inc. (TSE:BLDP)’s stock price traded down 0.7% during trading on Wednesday . The stock traded as low as C$2.87 and last traded at C$2.91. 511,460 shares were traded during mid-day trading, a decline of 33% from the average session volume of 761,898 shares. The stock had previously closed at C$2.93.

Ballard Power Systems Price Performance

The stock has a fifty day simple moving average of C$3.48 and a 200-day simple moving average of C$3.69. The company has a market capitalization of C$875.15 million, a PE ratio of -7.46, a P/E/G ratio of -2,030.00 and a beta of 1.06. 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

Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power.