Clean Power Hydrogen (LON:CPH2) Trading 3.9% Higher – Still a Buy?

Clean Power Hydrogen Plc (LON:CPH2)’s stock price was up 3.9% during mid-day trading on Monday . The stock traded as high as GBX 7 and last traded at GBX 6.58. Approximately 1,957,089 shares were traded during trading, an increase of 325% from the average daily volume of 460,726 shares. The stock had previously closed at GBX 6.33.

Clean Power Hydrogen Price Performance

The stock has a market cap of £33.03 million, a P/E ratio of -1.20 and a beta of 0.33. The business has a 50-day simple moving average of GBX 5.24 and a 200 day simple moving average of GBX 5.06. The company has a current ratio of 3.89, a quick ratio of 6.54 and a debt-to-equity ratio of 8.05.

Clean Power Hydrogen Company Profile

CPH2 plc is the holding company of Clean Power Hydrogen Group Limited which has almost a decade of dedicated research and product development experience. This experience has resulted in the creation of simple, safe and sustainable technology which is designed to deliver a modular solution to the hydrogen production market in a cost-effective, scalable, reliable and long-lasting manner. The Group’s strategic objective is to deliver the lowest LCOH in the market in relation to the production of green hydrogen.