Ballard Power Systems (TSE:BLDP) Sets New 12-Month Low – Here’s What Happened

Ballard Power Systems Inc. (TSE:BLDPGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as C$1.78 and last traded at C$1.78, with a volume of 397571 shares. The stock had previously closed at C$1.87.

Ballard Power Systems Price Performance

The company has a current ratio of 10.90, a quick ratio of 13.57 and a debt-to-equity ratio of 3.04. The stock has a 50 day simple moving average of C$2.26 and a 200-day simple moving average of C$2.98. The firm has a market cap of C$532.95 million, a PE ratio of -2.48, 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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