Ballard Power Systems (TSE:BLDP) Stock Price Up 0.8% – Still a Buy?

Ballard Power Systems Inc. (TSE:BLDPGet Free Report) rose 0.8% during mid-day trading on Wednesday . The stock traded as high as C$2.52 and last traded at C$2.44. Approximately 994,967 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 888,618 shares. The stock had previously closed at C$2.42.

Ballard Power Systems Stock Performance

The company has a debt-to-equity ratio of 3.04, a current ratio of 10.90 and a quick ratio of 13.57. The company’s fifty day moving average price is C$2.14 and its 200 day moving average price is C$2.57. The company has a market cap of C$730.56 million, a PE ratio of -3.44, a P/E/G 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.

Further Reading

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