Ballard Power Systems Inc. (TSE:BLDP – Get Free Report) dropped 11.2% during trading on Tuesday . The company traded as low as C$2.13 and last traded at C$2.14. Approximately 793,991 shares traded hands during trading, a decline of 12% from the average daily volume of 907,031 shares. The stock had previously closed at C$2.41.
Ballard Power Systems Price Performance
The stock has a fifty day moving average of C$1.83 and a two-hundred day moving average of C$1.98. The company has a current ratio of 9.01, a quick ratio of 13.57 and a debt-to-equity ratio of 3.82. The stock has a market capitalization of C$460.05 million, a price-to-earnings ratio of -1.40, a PEG ratio of -2,030.00 and a beta of 1.72.
About Ballard Power Systems
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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