HydrogenOne Capital Growth (LON:HGEN) Shares Down 5.8% – Here’s Why

HydrogenOne Capital Growth (LON:HGEN)’s stock price traded down 5.8% on Wednesday . The stock traded as low as GBX 21.10 ($0.28) and last traded at GBX 21.10 ($0.28). 63,291 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 248,356 shares. The stock had previously closed at GBX 22.40 ($0.30).

HydrogenOne Capital Growth Stock Down 5.8%

The firm has a market cap of £26.75 million, a P/E ratio of 9.07 and a beta of -0.08. The firm’s fifty day moving average is GBX 21.33 and its two-hundred day moving average is GBX 22.76.

HydrogenOne Capital Growth (LON:HGEN) last released its quarterly earnings results on Wednesday, April 30th. The company reported GBX (0.88) (($0.01)) earnings per share for the quarter. HydrogenOne Capital Growth had a net margin of 70.61% and a return on equity of 2.22%.

HydrogenOne Capital Growth Company Profile

HydrogenOne is the first London-listed hydrogen fund investing in clean hydrogen for a positive environmental impact. The Company was launched in 2021 with an investment objective to deliver an attractive level of capital growth by investing in a diversified portfolio of hydrogen and complementary hydrogen focussed assets.