Next Hydrogen Solutions (CVE:NXH) Sets New 52-Week Low – Should You Sell?

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.43 and last traded at C$0.43, with a volume of 24212 shares. The stock had previously closed at C$0.48.

Next Hydrogen Solutions Stock Down 6.2%

The firm has a market capitalization of C$31.19 million, a price-to-earnings ratio of -2.05 and a beta of -3.57. The company has a current ratio of 2.26, a quick ratio of 4.66 and a debt-to-equity ratio of 99.60. The firm has a fifty day moving average price of C$0.52 and a 200 day moving average price 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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