Ballard Power Systems (TSE:BLDP) Trading Up 11.4%

Ballard Power Systems Inc. (TSE:BLDPGet Free Report)’s stock price was up 11.4% during mid-day trading on Monday . The company traded as high as C$4.42 and last traded at C$4.20. Approximately 835,753 shares were traded during mid-day trading, an increase of 31% from the average daily volume of 636,304 shares. The stock had previously closed at C$3.77.

Ballard Power Systems Stock Performance

The stock has a market cap of C$1.27 billion, a PE ratio of -6.52, a P/E/G ratio of -2,030.00 and a beta of 1.69. The company has a quick ratio of 13.57, a current ratio of 12.25 and a debt-to-equity ratio of 1.81. The stock has a 50-day moving average of C$4.15 and a 200 day moving average of C$4.58.

Insider Buying and Selling at Ballard Power Systems

In other Ballard Power Systems news, Senior Officer Kevin Michael Colbow sold 17,873 shares of Ballard Power Systems stock in a transaction on Friday, March 22nd. The stock was sold at an average price of C$3.78, for a total value of C$67,559.94. In related news, Senior Officer Sarbjot Sidhu sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$3.80, for a total value of C$76,000.00. Also, Senior Officer Kevin Michael Colbow sold 17,873 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$3.78, for a total value of C$67,559.94. Insiders have sold 40,482 shares of company stock worth $153,370 over the last quarter. 15.56% of the stock is currently owned by company insiders.

Ballard Power Systems Company Profile

(Get Free Report)

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and power generation.

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