Ballard Power Systems (TSE:BLDP) Shares Down 3% – Time to Sell?

Ballard Power Systems Inc. (TSE:BLDP)’s stock price fell 3% during mid-day trading on Monday . The stock traded as low as C$3.49 and last traded at C$3.52. 679,919 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 863,972 shares. The stock had previously closed at C$3.63.

Ballard Power Systems Stock Down 3.0%

The stock has a market cap of C$1.06 billion, a PE ratio of -9.03, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.59. 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 company’s 50-day moving average price is C$3.76 and its 200 day moving average price is C$3.65.

Ballard Power Systems (TSE:BLDP) last posted its quarterly earnings data on Thursday, November 13th. The company reported C($0.09) earnings per share (EPS) for the quarter. The business had revenue of C$45.26 million during the quarter. Ballard Power Systems had a negative return on equity of 36.72% and a negative net margin of 360.17%. As a group, analysts forecast that Ballard Power Systems Inc. will post -0.67 EPS for the current fiscal year.

About Ballard Power Systems

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.