Ballard Power Systems (TSE:BLDP) Releases Quarterly Earnings Results

Ballard Power Systems (TSE:BLDP) issued its quarterly earnings results on Thursday. The company reported C($0.08) earnings per share for the quarter, FiscalAI reports. Ballard Power Systems had a negative net margin of 132.80% and a negative return on equity of 18.66%. The business had revenue of C$44.86 million during the quarter.

Ballard Power Systems Price Performance

Shares of TSE:BLDP opened at C$3.29 on Friday. The company has a market capitalization of C$989.43 million, a PE ratio of -8.44, 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. The stock has a fifty day moving average of C$3.24 and a 200-day moving average of C$3.73. Ballard Power Systems has a one year low of C$1.44 and a one year high of C$5.75.

About Ballard Power Systems

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.