Clean Power Hydrogen (LON:CPH2) Hits New 52-Week Low – Here’s Why

Clean Power Hydrogen Plc (LON:CPH2)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 1.30 and last traded at GBX 1.33, with a volume of 2422139 shares. The stock had previously closed at GBX 1.37.

Clean Power Hydrogen Trading Down 2.7%

The firm has a market cap of £6.69 million, a P/E ratio of -0.74 and a beta of 0.33. The business’s 50-day moving average is GBX 12.02 and its two-hundred day moving average is GBX 8.26. The company has a current ratio of 4.28, a quick ratio of 6.54 and a debt-to-equity ratio of 5.32.

Clean Power Hydrogen (LON:CPH2) last issued its earnings results on Wednesday, July 1st. The company reported GBX (1.80) EPS for the quarter. Clean Power Hydrogen had a negative net margin of 387,225.00% and a negative return on equity of 77.92%.

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.