Next Hydrogen Solutions (CVE:NXH) Stock Price Down 11.1% – Here’s Why

Shares of Next Hydrogen Solutions Inc. (CVE:NXH – Get Free Report) fell 11.1% during trading on Friday. The company traded as low as C$0.40 and last traded at C$0.40. Approximately 1,000 shares traded hands during trading, a decline of 90% from the average session volume of 10,172 shares. The stock had previously closed at C$0.45.

Next Hydrogen Solutions Trading Down 11.1%

The company has a market cap of C$27.73 million, a PE ratio of -3.08 and a beta of -3.93. The stock has a fifty day moving average of C$0.44 and a 200-day moving average of C$0.49. The company has a debt-to-equity ratio of 138.26, a quick ratio of 4.66 and a current ratio of 1.76.

Next Hydrogen Solutions Company Profile

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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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