Ballard Power Systems (TSE:BLDP) Shares Down 0.7% – Should You Sell?

Ballard Power Systems Inc. (TSE:BLDP) was down 0.7% on Wednesday . The stock traded as low as C$2.87 and last traded at C$2.91. Approximately 511,460 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 761,898 shares. The stock had previously closed at C$2.93.

Ballard Power Systems Stock Performance

The company has a market cap of C$875.15 million, a PE ratio of -7.46, a PEG ratio of -2,030.00 and a beta of 1.06. The company has a debt-to-equity ratio of 3.82, a quick ratio of 13.57 and a current ratio of 9.01. The firm’s 50 day moving average is C$3.48 and its 200-day moving average is C$3.69.

Ballard Power Systems Company Profile

Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power.