Insider Selling: Ballard Power Systems (TSE:BLDP) Insider Sells C$60,494.56 in Stock

Ballard Power Systems Inc. (TSE:BLDP) insider David Mucciacciaro sold 21,346 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of C$2.83, for a total transaction of C$60,494.56. Following the completion of the sale, the insider directly owned 2,476 shares of the company’s stock, valued at approximately C$7,016.98. The trade was a 89.61% decrease in their position.

Ballard Power Systems Price Performance

Shares of TSE BLDP opened at C$2.63 on Wednesday. The firm has a market cap of C$790.52 million, a PE ratio of -2.66, a PEG ratio of -2,030.00 and a beta of 1.59. The firm has a fifty day moving average of C$2.61 and a 200 day moving average of C$2.10. The company has a debt-to-equity ratio of 3.82, a quick ratio of 13.57 and a current ratio of 9.01. Ballard Power Systems Inc. has a one year low of C$1.44 and a one year high of C$3.10.

About Ballard Power Systems

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.