Ballard Power Systems (TSE:BLDP) Trading Up 0.6% – Still a Buy?

Shares of Ballard Power Systems Inc. (TSE:BLDP) shot up 0.6% on Wednesday . The company traded as high as C$3.42 and last traded at C$3.37. 247,672 shares changed hands during trading, a decline of 67% from the average session volume of 748,924 shares. The stock had previously closed at C$3.35.

Ballard Power Systems Price Performance

The firm has a 50 day moving average of C$3.14 and a 200-day moving average of C$3.79. The company has a debt-to-equity ratio of 3.75, a current ratio of 9.86 and a quick ratio of 13.57. The stock has a market capitalization of C$1.04 billion, a P/E ratio of -11.50, a price-to-earnings-growth ratio of -2,030.00 and a beta of 0.85.

Ballard Power Systems (TSE:BLDP) last announced its quarterly earnings data on Thursday, March 12th. The company reported C($0.08) EPS for the quarter. Ballard Power Systems had a negative return on equity of 14.67% and a negative net margin of 91.29%.The firm had revenue of C$44.86 million during the quarter. On average, equities research analysts expect that Ballard Power Systems Inc. will post -0.67 earnings per share for the current fiscal year.

Ballard Power Systems Company Profile

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.