Next Hydrogen Solutions (CVE:NXH) Trading Up 13.6% – Should You Buy?

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report)’s share price rose 13.6% during mid-day trading on Wednesday . The stock traded as high as C$0.50 and last traded at C$0.50. Approximately 7,011 shares traded hands during trading, a decline of 19% from the average daily volume of 8,655 shares. The stock had previously closed at C$0.44.

Next Hydrogen Solutions Trading Up 13.6%

The company has a debt-to-equity ratio of 114.29, a quick ratio of 4.66 and a current ratio of 1.46. The company’s fifty day simple moving average is C$0.48 and its 200-day simple moving average is C$0.62. The company has a market capitalization of C$11.46 million, a P/E ratio of -0.86 and a beta of -1.74.

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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