Next Hydrogen Solutions (CVE:NXH) Shares Down 1.9% – Here’s What Happened

Shares of Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report) fell 1.9% on Wednesday . The company traded as low as C$0.52 and last traded at C$0.52. 1,257 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 11,071 shares. The stock had previously closed at C$0.53.

Next Hydrogen Solutions Trading Down 1.9%

The business has a 50 day moving average of C$0.60 and a 200 day moving average of C$0.55. The firm has a market capitalization of C$35.99 million, a price-to-earnings ratio of -1.30 and a beta of -2.76. The company has a debt-to-equity ratio of 114.29, a current ratio of 1.46 and a quick ratio of 4.66.

About Next Hydrogen Solutions

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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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