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

Ballard Power Systems (TSE:BLDP) released its earnings results on Thursday. The company reported C($0.08) EPS for the quarter, FiscalAI reports. Ballard Power Systems had a negative return on equity of 18.66% and a negative net margin of 132.80%.The business had revenue of C$44.86 million for the quarter.

Ballard Power Systems Price Performance

TSE:BLDP opened at C$2.91 on Thursday. The firm has a market capitalization of C$875.15 million, a price-to-earnings ratio of -7.46, a P/E/G ratio of -2,030.00 and a beta of 0.85. The company has a debt-to-equity ratio of 3.72, a quick ratio of 13.57 and a current ratio of 8.33. The stock has a fifty day moving average of C$3.25 and a 200 day moving average of C$3.73. Ballard Power Systems has a 52-week low of C$1.44 and a 52-week high of C$5.75.

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.