Ballard Power Systems (TSE:BLDP) Shares Up 0.8% – Here’s Why

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

Ballard Power Systems Stock Up 0.8 %

The company has a market cap of C$730.56 million, a P/E ratio of -3.44, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. 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 stock has a fifty day moving average price of C$2.13 and a two-hundred day moving average price of C$2.57.

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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