Clean Power Hydrogen (LON:CPH2) Trading Down 16.7% – Here’s What Happened

Clean Power Hydrogen Plc (LON:CPH2) shares fell 16.7% during trading on Tuesday . The stock traded as low as GBX 5 and last traded at GBX 5. 1,316,714 shares changed hands during mid-day trading, an increase of 283% from the average session volume of 343,363 shares. The stock had previously closed at GBX 6.

Clean Power Hydrogen Stock Performance

The company has a market cap of £25.10 million, a P/E ratio of -0.91 and a beta of 0.33. The company has a quick ratio of 6.54, a current ratio of 3.89 and a debt-to-equity ratio of 8.05. The business has a fifty day simple moving average of GBX 5.31 and a two-hundred day simple moving average of GBX 5.

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.