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

Next Hydrogen Solutions Inc. (CVE:NXH) Director Adarsh Mehta sold 28,500 shares of the business’s stock in a transaction that occurred 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 transaction, the director 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 ownership of the stock.

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

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

Next Hydrogen Solutions Price Performance

Shares of Next Hydrogen Solutions stock opened at C$0.41 on Friday. The company has a market capitalization of C$28.42 million, a price-to-earnings ratio of -3.15 and a beta of -3.59. The company has a quick ratio of 4.66, a current ratio of 1.76 and a debt-to-equity ratio of 138.26. The stock’s 50-day simple moving average is C$0.47 and its 200-day simple moving average is C$0.53. Next Hydrogen Solutions Inc. has a 52 week low of C$0.41 and a 52 week high of C$0.98.

Next Hydrogen Solutions Company Profile

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.