Clean Power Hydrogen (LON:CPH2) Hits New 12-Month Low – Here’s Why

Clean Power Hydrogen Plc (LON:CPH2)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as GBX 1.10 and last traded at GBX 1.10, with a volume of 1,583,915 shares changing hands. The stock had previously closed at GBX 1.18.

Clean Power Hydrogen Price Performance

The company has a debt-to-equity ratio of 7.77, a quick ratio of 6.54 and a current ratio of 1.13. The firm has a market capitalization of £10.92 million, a P/E ratio of -0.55 and a beta of 0.33. The stock’s 50 day simple moving average is GBX 1.35 and its 200 day simple moving average is GBX 6.44.

Clean Power Hydrogen (LON:CPH2) last issued its earnings results on Thursday, September 24th. The company reported GBX (1.15) EPS for the quarter. Clean Power Hydrogen had a negative return on equity of 88.63% and a negative net margin of 206,700.00%.

About Clean Power Hydrogen

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.