Clean Power Hydrogen (LON:CPH2) Stock Price Up 15.8% – Here’s What Happened

Clean Power Hydrogen Plc (LON:CPH2Get Free Report) shares rose 15.8% during trading on Wednesday . The company traded as high as GBX 11 and last traded at GBX 11. Approximately 1,292,196 shares were traded during trading, an increase of 16% from the average daily volume of 1,113,889 shares. The stock had previously closed at GBX 9.50.

Clean Power Hydrogen Price Performance

The business’s 50-day moving average price is GBX 8.72 and its 200 day moving average price is GBX 6.32. The stock has a market capitalization of £58.99 million, a PE ratio of -2.15 and a beta of 0.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 6.54 and a current ratio of 3.89.

About Clean Power Hydrogen

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CPH2 plc is the holding company of Clean Power Hydrogen Group Limited which has almost a decade of dedicated research and product development experience. This experience has resulted in the creation of simple, safe and sustainable technology which is designed to deliver a modular solution to the hydrogen production market in a cost-effective, scalable, reliable and long-lasting manner. The Group’s strategic objective is to deliver the lowest LCOH in the market in relation to the production of green hydrogen.

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