Adarsh Mehta Sells 28,500 Shares of Next Hydrogen Solutions (CVE:NXH) Stock

Next Hydrogen Solutions Inc. (CVE:NXH) Director Adarsh Mehta sold 28,500 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of C$0.50, for a total value of C$14,250.00. Following the completion of the sale, the director directly owned 1,781,134 shares of the company’s stock, valued at approximately C$890,567. This trade represents a 1.57% decrease in their position.

Adarsh Mehta also recently made the following trade(s):

• On Tuesday, September 1st, Adarsh Mehta sold 500 shares of Next Hydrogen Solutions stock. The stock was sold at an average price of C$0.49, for a total value of C$245.00.

Next Hydrogen Solutions Price Performance

NXH opened at C$0.41 on Friday. The company has a debt-to-equity ratio of 138.26, a quick ratio of 4.66 and a current ratio of 1.76. The company has a market cap of C$28.42 million, a price-to-earnings ratio of -3.15 and a beta of -3.82. Next Hydrogen Solutions Inc. has a one year low of C$0.41 and a one year high of C$0.98. The business’s fifty day moving average is C$0.47 and its two-hundred day moving average is C$0.53.

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.