Next Hydrogen Solutions (CVE:NXH) Trading 1.7% Higher – Time to Buy?

Shares of Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report) shot up 1.7% on Tuesday . The stock traded as high as C$0.63 and last traded at C$0.60. 62,000 shares traded hands during trading, an increase of 254% from the average session volume of 17,523 shares. The stock had previously closed at C$0.59.

Next Hydrogen Solutions Stock Performance

The stock has a fifty day moving average of C$0.51 and a 200-day moving average of C$0.50. The firm has a market capitalization of C$13.74 million, a P/E ratio of -1.07 and a beta of 0.22. The company has a quick ratio of 4.66, a current ratio of 2.01 and a debt-to-equity ratio of 31.25.

About Next Hydrogen Solutions

(Get Free Report)

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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