Ballard Power Systems (TSE:BLDP) Sets New 52-Week Low – Here’s What Happened

Shares of Ballard Power Systems Inc. (TSE:BLDP) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$1.78 and last traded at C$1.78, with a volume of 397571 shares trading hands. The stock had previously closed at C$1.87.

Ballard Power Systems Trading Down 4.3 %

The firm’s fifty day simple moving average is C$2.27 and its 200-day simple moving average is C$2.99. The company has a debt-to-equity ratio of 3.04, a quick ratio of 13.57 and a current ratio of 10.90. The stock has a market cap of C$535.94 million, a P/E ratio of -2.63, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72.

Ballard Power Systems Company Profile

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.