Shares of Ballard Power Systems Inc. (NASDAQ:BLDP) traded today at $38.86, eclipsing its 52-week high. Approximately 1.7 million shares have changed hands today, as compared to an average 30-day volume of 7.5 million shares.
Ballard Power Systems Inc. share prices have moved between a 52-week high of $38.86 and a 52-week low of $6.95 and are now trading 451% above that low price at $38.28 per share.
Ballard Power Systems Inc. (NASDAQ:BLDP) is currently priced 27.8% above its average consensus analyst price target of $27.63.
Ballard Power Systems Inc is a clean energy growth company. The company is engaged in proton exchange membrane fuel cell development and commercialization. The company’s main business is the design, development, manufacture, sale, and service of fuel cell products for a variety of applications, focusing on motive power (material handling and buses) and stationary power (back-up power, supplemental power, and distributed generation). A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Geographically, it derives a majority of revenue from China and also has a presence in Germany; Belgium; Japan; Denmark; the UK and other countries.
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