Next Hydrogen Solutions (CVE:NXH) Reaches New 52-Week High – Should You Buy?

Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.95 and last traded at C$1.00, with a volume of 19900 shares changing hands. The stock had previously closed at C$1.05.

Next Hydrogen Solutions Stock Down 12.9 %

The company has a current ratio of 1.46, a quick ratio of 4.66 and a debt-to-equity ratio of 114.29. The stock has a market cap of C$14.26 million, a P/E ratio of -0.98 and a beta of 0.22. The firm has a 50-day simple moving average of C$0.65 and a two-hundred day simple moving average of C$0.52.

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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