Ballard Power Systems (TSE:BLDP) Hits New 1-Year Low – Here’s What Happened

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

Ballard Power Systems Stock Up 1.1 %

The company has a 50 day moving average of C$2.28 and a 200-day moving average of C$3.01. 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 has a market cap of C$565.88 million, a P/E ratio of -2.66, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72.

About Ballard Power Systems

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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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