Ballard Power Systems (TSE:BLDP) Shares Up 0.9% – Time to Buy?

Shares of Ballard Power Systems Inc. (TSE:BLDPGet Free Report) were up 0.9% during mid-day trading on Thursday . The stock traded as high as C$2.39 and last traded at C$2.35. Approximately 646,712 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 1,364,353 shares. The stock had previously closed at C$2.33.

Ballard Power Systems Price Performance

The stock has a market cap of C$688.64 million, a price-to-earnings ratio of -3.24, a PEG ratio of -2,030.00 and a beta of 1.72. The company has a 50-day moving average of C$2.24 and a 200-day moving average of C$2.46. The company has a debt-to-equity ratio of 3.04, a quick ratio of 13.57 and a current ratio of 10.90.

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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