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

Ballard Power Systems (TSE:BLDP) released its earnings results on Tuesday. The company reported C($0.06) earnings per share for the quarter, FiscalAI reports. Ballard Power Systems had a negative net margin of 78.52% and a negative return on equity of 13.50%. The business had revenue of C$27.00 million for the quarter.

Ballard Power Systems Trading Up 10.7%

TSE:BLDP opened at C$6.53 on Thursday. The company has a debt-to-equity ratio of 3.62, a current ratio of 10.70 and a quick ratio of 13.57. Ballard Power Systems has a fifty-two week low of C$1.63 and a fifty-two week high of C$6.59. The stock’s 50-day moving average is C$3.66 and its two-hundred day moving average is C$3.78. The stock has a market cap of C$1.97 billion, a PE ratio of -21.77, a price-to-earnings-growth ratio of -2,030.00 and a beta of 0.64.

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.