Ballard Power Systems (TSE:BLDP) Reaches New 52-Week Low – What’s Next?

Ballard Power Systems Inc. (TSE:BLDPGet Free Report)’s share price hit a new 52-week low on Wednesday . The stock traded as low as C$2.10 and last traded at C$2.11, with a volume of 12100 shares trading hands. The stock had previously closed at C$2.29.

Ballard Power Systems Stock Performance

The company has a current ratio of 10.90, a quick ratio of 13.57 and a debt-to-equity ratio of 3.04. The company’s 50-day moving average price is C$2.32 and its two-hundred day moving average price is C$3.04. The company has a market cap of C$562.89 million, a P/E ratio of -2.80, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72.

Ballard Power Systems Company Profile

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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.

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