Next Hydrogen Solutions (CVE:NXH) Trading Down 19.1% – Should You Sell?

Next Hydrogen Solutions Inc. (CVE:NXH)’s stock price traded down 19.1% during trading on Wednesday . The stock traded as low as C$0.55 and last traded at C$0.55. 1,350 shares traded hands during trading, a decline of 79% from the average session volume of 6,375 shares. The stock had previously closed at C$0.68.

Next Hydrogen Solutions Price Performance

The company has a market cap of C$38.06 million, a P/E ratio of -1.38 and a beta of -3.07. The company has a fifty day moving average price of C$0.59 and a two-hundred day moving average price of C$0.58. The company has a debt-to-equity ratio of -142.47, a quick ratio of 4.66 and a current ratio of 0.94.

About Next Hydrogen Solutions

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.