Ballard Power Systems (TSE:BLDP) Sets New 1-Year Low at $3.33

Shares of Ballard Power Systems Inc. (TSE:BLDP) hit a new 52-week low on Thursday . The stock traded as low as C$3.33 and last traded at C$3.38, with a volume of 433198 shares. The stock had previously closed at C$3.48.

Ballard Power Systems Stock Performance

The company has a market capitalization of C$1.06 billion, a price-to-earnings ratio of -5.45, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.69. The company’s fifty day simple moving average is C$3.99 and its two-hundred day simple moving average is C$4.46. The company has a debt-to-equity ratio of 1.81, a quick ratio of 13.57 and a current ratio of 12.25.

Insider Activity at Ballard Power Systems

In related news, Senior Officer Sarbjot Sidhu sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$3.80, for a total transaction of C$76,000.00. In related news, Senior Officer Sarbjot Sidhu sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$3.80, for a total transaction of C$76,000.00. Also, Senior Officer Kevin Michael Colbow sold 17,873 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$3.78, for a total transaction of C$67,559.94. Insiders sold a total of 40,482 shares of company stock worth $153,370 in the last ninety days. 15.56% of the stock is currently owned by insiders.

About Ballard Power Systems

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.