Ballard Power Systems (TSE:BLDP) Shares Down 3.7% – Time to Sell?

Ballard Power Systems Inc. (TSE:BLDP)’s share price traded down 3.7% on Tuesday . The company traded as low as C$2.06 and last traded at C$2.08. 639,483 shares traded hands during trading, a decline of 26% from the average session volume of 867,624 shares. The stock had previously closed at C$2.16.

Ballard Power Systems Stock Down 3.7 %

The business has a 50-day simple moving average of C$2.14 and a two-hundred day simple moving average of C$2.76. The company has a debt-to-equity ratio of 3.04, a quick ratio of 13.57 and a current ratio of 10.90. The company has a market capitalization of C$622.77 million, a price-to-earnings ratio of -2.93, a PEG ratio of -2,030.00 and a beta of 1.72.

About Ballard Power Systems

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.