Next Hydrogen Solutions (CVE:NXH) Trading Up 7.1% – Still a Buy?

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report) shot up 7.1% during trading on Monday . The company traded as high as C$0.60 and last traded at C$0.60. 1,875 shares were traded during mid-day trading, a decline of 74% from the average session volume of 7,141 shares. The stock had previously closed at C$0.56.

Next Hydrogen Solutions Stock Up 7.1%

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 firm has a market capitalization of C$41.52 million, a P/E ratio of -1.50 and a beta of -3.07. The company has a 50 day simple moving average of C$0.57 and a two-hundred day simple moving average of C$0.56.

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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