Ballard Power Systems Inc traded at 2.24 this Friday October 16th, decreasing 0.13 or 5.49 percent since the previous trading session. Looking back, over the last four weeks, Ballard Power Systems lost 26.56 percent. Over the last 12 months, its price fell by 55.99 percent. Looking ahead, we forecast Ballard Power Systems Inc to be priced at 2.19 by the end of this quarter and at 2.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates in a single segment of fuel cell products and services. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.