Ballard Power Systems (TSE:BLDP) Trading Up 6.5% – Should You Buy?

Shares of Ballard Power Systems Inc. (TSE:BLDPGet Free Report) traded up 6.5% during mid-day trading on Monday . The company traded as high as C$1.80 and last traded at C$1.80. 245,740 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 835,673 shares. The stock had previously closed at C$1.69.

Ballard Power Systems Trading Up 1.2 %

The company has a quick ratio of 13.57, a current ratio of 9.01 and a debt-to-equity ratio of 3.82. The firm has a market cap of C$360.86 million, a price-to-earnings ratio of -1.10, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The business has a 50 day moving average price of C$1.73 and a 200-day moving average price of C$2.02.

About Ballard Power Systems

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Ballard is a world leader in proton exchange membrane fuel cell, power system development, and commercialization. The company’s principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (consisting of bus, truck, rail, and marine applications), material handling, and stationary power generation.

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