Next Hydrogen Solutions Inc. (CVE:NXH – Get Free Report) shot up 2.1% during trading on Wednesday . The company traded as high as C$0.49 and last traded at C$0.49. 4,261 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 7,603 shares. The stock had previously closed at C$0.48.
Next Hydrogen Solutions Stock Performance
The firm has a 50-day simple moving average of C$0.53 and a two-hundred day simple moving average of C$0.56. The company has a current ratio of 2.26, a quick ratio of 4.66 and a debt-to-equity ratio of 99.60. The company has a market capitalization of C$33.96 million, a price-to-earnings ratio of -2.23 and a beta of -3.57.
About Next Hydrogen Solutions
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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