Ballard Power Systems (TSE:BLDP) Hits New 52-Week Low – What’s Next?

Shares of Ballard Power Systems Inc. (TSE:BLDPGet Free Report) 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 traded. The stock had previously closed at C$1.87.

Ballard Power Systems Trading Down 4.3 %

The firm has a market cap of C$535.94 million, a price-to-earnings ratio of -2.63, a P/E/G ratio of -2,030.00 and a beta of 1.72. 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 company’s 50-day moving average is C$2.27 and its 200-day moving average is C$2.99.

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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