Ballard Power Systems (TSE:BLDP) Stock Price Up 4.2% – What’s Next?
by Amy Steele · The Cerbat GemBallard Power Systems Inc. (TSE:BLDP – Get Free Report) rose 4.2% during trading on Friday . The stock traded as high as C$3.79 and last traded at C$3.74. Approximately 90,825 shares were traded during trading, a decline of 88% from the average daily volume of 735,219 shares. The stock had previously closed at C$3.59.
Ballard Power Systems Price Performance
The company has a quick ratio of 13.57, a current ratio of 9.86 and a debt-to-equity ratio of 3.75. The firm’s 50 day simple moving average is C$3.14 and its 200 day simple moving average is C$3.80. The company has a market capitalization of C$1.14 billion, a PE ratio of -12.60, a price-to-earnings-growth ratio of -2,030.00 and a beta of 0.41.
Ballard Power Systems (TSE:BLDP – Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported C($0.08) EPS for the quarter. The firm had revenue of C$44.86 million for the quarter. Ballard Power Systems had a negative return on equity of 14.67% and a negative net margin of 91.29%. As a group, research analysts anticipate that Ballard Power Systems Inc. will post -0.67 EPS for the current fiscal year.
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.