Next Hydrogen Solutions (CVE:NXH) Stock Price Down 19.1% – Should You Sell?

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report)’s stock price fell 19.1% on Wednesday . The stock traded as low as C$0.55 and last traded at C$0.55. 1,350 shares changed hands during trading, a decline of 79% from the average session volume of 6,375 shares. The stock had previously closed at C$0.68.

Next Hydrogen Solutions Stock Performance

The company has a market cap of C$40.83 million, a P/E ratio of -1.48 and a beta of -3.07. The company has a current ratio of 0.94, a quick ratio of 4.66 and a debt-to-equity ratio of -142.47. The business has a 50 day moving average price of C$0.59 and a 200-day moving average price of C$0.58.

About Next Hydrogen Solutions

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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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