David Mucciacciaro Sells 21,346 Shares of Ballard Power Systems (TSE:BLDP) Stock

Ballard Power Systems Inc. (TSE:BLDPGet Free Report) insider David Mucciacciaro sold 21,346 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of C$2.83, for a total value of C$60,494.56. Following the transaction, the insider directly owned 2,476 shares of the company’s stock, valued at approximately C$7,016.98. This trade represents a 89.61% decrease in their position.

Ballard Power Systems Trading Up 1.9%

TSE:BLDP opened at C$2.68 on Thursday. Ballard Power Systems Inc. has a twelve month low of C$1.44 and a twelve month high of C$3.10. The company has a quick ratio of 13.57, a current ratio of 9.01 and a debt-to-equity ratio of 3.82. The business has a 50 day moving average price of C$2.62 and a two-hundred day moving average price of C$2.11. The company has a market cap of C$805.55 million, a P/E ratio of -2.71, a price-to-earnings-growth ratio of -2,030.00 and a beta of 1.59.

Ballard Power Systems Company Profile

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Ballard is a world leader in proton exchange membrane fuel cell, power system development, and commercialization. The company’s principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (consisting of bus, truck, rail, and marine applications), material handling, and stationary power generation.

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