Hydrogen Group Plc (HYDG.L) (LON:HYDG) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Hydrogen Group Plc (HYDG.L) (LON:HYDG) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 42.50 ($0.55) and traded as high as GBX 49.85 ($0.65). Hydrogen Group Plc (HYDG.L) shares last traded at GBX 42.50 ($0.55), with a volume of 3,978 shares.

Hydrogen Group Plc (HYDG.L) Stock Performance

The company has a current ratio of 1.90, a quick ratio of 1.83 and a debt-to-equity ratio of 12.19. The company has a market capitalization of £11.82 million and a price-to-earnings ratio of 106.25. The stock has a 50-day simple moving average of GBX 42.50 and a 200-day simple moving average of GBX 42.50.

Hydrogen Group Plc (HYDG.L) Company Profile

Hydrogen Group Plc, together with its subsidiaries, provides recruitment services for mid to senior level professional staff. The company offers professional support services in legal, finance, technology, and business transformation; and services for technical and scientific market sectors, such as energy and life sciences.