Ballard Power Systems (TSE:BLDP) Shares Up 12.6% – Here’s What Happened

Ballard Power Systems Inc. (TSE:BLDPGet Free Report)’s stock price shot up 12.6% on Wednesday . The stock traded as high as C$3.08 and last traded at C$3.03. 876,995 shares were traded during trading, an increase of 26% from the average session volume of 698,229 shares. The stock had previously closed at C$2.69.

Ballard Power Systems Stock Performance

The company’s 50 day moving average price is C$3.27 and its 200-day moving average price is C$3.73. The stock has a market cap of C$875.15 million, a P/E ratio of -7.46, a price-to-earnings-growth ratio of -2,030.00 and a beta of 0.85. The company has a debt-to-equity ratio of 3.72, a quick ratio of 13.57 and a current ratio of 8.33.

About Ballard Power Systems

(Get Free Report)

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.

Further Reading

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