Ballard Power Systems Inc. (TSE:BLDP – Get Free Report) shares traded up 19.7% during trading on Friday . The stock traded as high as C$4.92 and last traded at C$4.81. 1,601,083 shares were traded during trading, an increase of 91% from the average session volume of 840,142 shares. The stock had previously closed at C$4.02.
Ballard Power Systems Price Performance
The firm’s fifty day simple moving average is C$3.01 and its 200 day simple moving average is C$2.33. The firm has a market cap of C$1.48 billion, a P/E ratio of -4.97, a P/E/G 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.
Insider Activity at Ballard Power Systems
In other Ballard Power Systems news, insider David Mucciacciaro sold 21,346 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of C$2.83, for a total transaction of C$60,494.56. Following the completion of the transaction, the insider owned 2,476 shares of the company’s stock, valued at C$7,016.98. This represents a 89.61% decrease in their position. 15.53% of the stock is owned by company insiders.
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.
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