Ballard Power Systems (TSE:BLDP) Hits New 12-Month Low at $3.33

Shares of Ballard Power Systems Inc. (TSE:BLDP) reached a new 52-week low on Thursday . The company traded as low as C$3.33 and last traded at C$3.38, with a volume of 433198 shares changing hands. The stock had previously closed at C$3.48.

Ballard Power Systems Stock Performance

The business has a fifty day simple moving average of C$4.02 and a two-hundred day simple moving average of C$4.47. The company has a quick ratio of 13.57, a current ratio of 12.25 and a debt-to-equity ratio of 1.81. The company has a market cap of C$1.01 billion, a P/E ratio of -5.35, a P/E/G ratio of -2,030.00 and a beta of 1.69.

Insider Buying and Selling at Ballard Power Systems

In other Ballard Power Systems news, Senior Officer Sarbjot Sidhu sold 20,000 shares of the stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$3.80, for a total value of C$76,000.00. In other Ballard Power Systems news, Senior Officer Sarbjot Sidhu sold 20,000 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$3.80, for a total value of C$76,000.00. Also, Senior Officer Kevin Michael Colbow sold 17,873 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$3.78, for a total value of C$67,559.94. Over the last 90 days, insiders have sold 40,482 shares of company stock valued at $153,370. 15.56% of the stock is owned by company insiders.

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.