Next Hydrogen Solutions (CVE:NXH) Shares Up 1.9% – Should You Buy?

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report) rose 1.9% on Tuesday . The company traded as high as C$0.55 and last traded at C$0.55. Approximately 4,571 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 9,331 shares. The stock had previously closed at C$0.54.

Next Hydrogen Solutions Trading Up 1.9%

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 firm has a 50-day moving average of C$0.62 and a 200-day moving average of C$0.55. The firm has a market capitalization of C$38.06 million, a P/E ratio of -1.38 and a beta of -2.31.

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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