Clean Power Hydrogen (LON:CPH2) Stock Price Up 7.1% – Here’s What Happened

Clean Power Hydrogen Plc (LON:CPH2)’s share price rose 7.1% during mid-day trading on Friday . The company traded as high as GBX 5 and last traded at GBX 4.82. Approximately 233,557 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 207,133 shares. The stock had previously closed at GBX 4.50.

Clean Power Hydrogen Trading Up 11.1%

The firm has a market cap of £25.10 million, a P/E ratio of -0.91 and a beta of 0.25. The business’s 50-day moving average is GBX 5.39 and its two-hundred day moving average is GBX 4.99. The company has a current ratio of 5.58, a quick ratio of 6.54 and a debt-to-equity ratio of 0.87.

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.