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Ballard Power Systems (TSE:BLDP) Trading Up 0.8% - Still a Buy?


Ballard Power Systems (TSE:BLDP) Trading Up 0.8%  - Still a Buy?

Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) rose 0.8% on Wednesday . The stock traded as high as C$2.52 and last traded at C$2.44. Approximately 994,967 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 888,618 shares. The stock had previously closed at C$2.42.

The firm's fifty day simple moving average is C$2.13 and its 200 day simple moving average is C$2.57. 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 stock has a market capitalization of C$730.56 million, a P/E ratio of -3.44, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.72.

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.

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