Ballard Power Systems (TSE:BLDP) Hits New 52-Week Low – Should You Sell?

Ballard Power Systems Inc. (TSE:BLDPGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$1.56 and last traded at C$1.59, with a volume of 501481 shares changing hands. The stock had previously closed at C$1.62.

Ballard Power Systems Price Performance

The stock has a market capitalization of C$337.65 million, a price-to-earnings ratio of -1.03, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72. The company has a debt-to-equity ratio of 3.82, a current ratio of 9.01 and a quick ratio of 13.57. The company has a 50-day simple moving average of C$1.90 and a two-hundred day simple moving average of C$2.13.

Ballard Power Systems Company Profile

(Get Free Report)

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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