Next Hydrogen Solutions (CVE:NXH) Shares Down 6% – Here’s Why

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report)’s stock price traded down 6% during trading on Friday . The company traded as low as C$0.47 and last traded at C$0.47. 45,000 shares traded hands during trading, an increase of 435% from the average session volume of 8,418 shares. The stock had previously closed at C$0.50.

Next Hydrogen Solutions Stock Down 6.0%

The company has a market cap of C$32.58 million, a P/E ratio of -2.14 and a beta of -3.59. The company has a debt-to-equity ratio of 138.26, a current ratio of 1.76 and a quick ratio of 4.66. The company’s 50-day moving average is C$0.48 and its two-hundred day moving average is C$0.54.

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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