Next Hydrogen Solutions (CVE:NXH) Stock Price Down 19.1% – Should You Sell?

by · The Cerbat Gem

Next Hydrogen Solutions Inc. (CVE:NXH – Get Free Report)’s stock price fell 19.1% on Wednesday . The stock traded as low as C$0.55 and last traded at C$0.55. 1,350 shares changed hands during trading, a decline of 79% from the average session volume of 6,375 shares. The stock had previously closed at C$0.68.

Next Hydrogen Solutions Stock Performance

The company has a market cap of C$40.83 million, a P/E ratio of -1.48 and a beta of -3.07. The company has a current ratio of 0.94, a quick ratio of 4.66 and a debt-to-equity ratio of -142.47. The business has a 50 day moving average price of C$0.59 and a 200-day moving average price of C$0.58.

About Next Hydrogen Solutions

(Get Free Report)

Next Hydrogen Solutions Inc develops and produces water electrolyzers to work with intermittent renewable energy. The company was founded in 2007 and is headquartered in Mississauga, Canada.

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