Ballard Power Systems (TSE:BLDP) Insider Sells C$755,236.50 in Stock

Ballard Power Systems Inc. (TSE:BLDP) insider Ltd. Weichai Power Co. sold 151,350 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of C$4.99, for a total transaction of C$755,236.50. Following the sale, the insider directly owned 30,951,476 shares of the company’s stock, valued at C$154,447,865.24. This represents a 0.49% decrease in their ownership of the stock.

Ltd. Weichai Power Co. also recently made the following trade(s):

• On Thursday, May 14th, Ltd. Weichai Power Co. sold 923,000 shares of Ballard Power Systems stock. The stock was sold at an average price of C$5.67, for a total transaction of C$5,233,410.00.
• On Tuesday, May 12th, Ltd. Weichai Power Co. sold 2,368,422 shares of Ballard Power Systems stock. The shares were sold at an average price of C$5.80, for a total transaction of C$13,736,847.60.
• On Monday, May 11th, Ltd. Weichai Power Co. sold 2,399,353 shares of Ballard Power Systems stock. The shares were sold at an average price of C$5.74, for a total transaction of C$13,772,286.22.
• On Friday, May 8th, Ltd. Weichai Power Co. sold 2,111,111 shares of Ballard Power Systems stock. The stock was sold at an average price of C$5.86, for a total transaction of C$12,371,110.46.

Ballard Power Systems Trading Down 1.1%

Shares of TSE:BLDP traded down C$0.05 during trading on Wednesday, reaching C$4.60. 954,193 shares of the company were exchanged, compared to its average volume of 1,137,514. The firm has a market capitalization of C$1.39 billion, a PE ratio of -17.04, a P/E/G ratio of -2,030.00 and a beta of 1.16. The business’s fifty day simple moving average is C$6.26 and its 200-day simple moving average is C$4.44. Ballard Power Systems Inc. has a 12-month low of C$2.34 and a 12-month high of C$9.08. The company has a debt-to-equity ratio of 3.62, a current ratio of 10.70 and a quick ratio of 13.57.

Ballard Power Systems (TSE:BLDP) last announced its quarterly earnings results on Tuesday, May 5th. The company reported C($0.06) earnings per share (EPS) for the quarter. Ballard Power Systems had a negative net margin of 78.28% and a negative return on equity of 13.50%. The firm had revenue of C$27.00 million during the quarter. On average, research analysts anticipate that Ballard Power Systems Inc. will post -0.67 EPS for the current year.

Ballard Power Systems Company Profile

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.