Ballard Power Systems (TSE:BLDP) Stock Price Down 11.2% – Time to Sell?

Ballard Power Systems Inc. (TSE:BLDPGet Free Report)’s stock price traded down 11.2% during trading on Tuesday . The company traded as low as C$2.13 and last traded at C$2.14. 793,991 shares were traded during mid-day trading, a decline of 12% from the average session volume of 907,031 shares. The stock had previously closed at C$2.41.

Ballard Power Systems Stock Down 9.5%

The firm has a market capitalization of C$460.05 million, a price-to-earnings ratio of -1.40, 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. The business’s 50 day moving average is C$1.83 and its 200-day moving average is C$1.98.

About Ballard Power Systems

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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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