Clean Power Hydrogen (LON:CPH2) Trading 9% Higher – Should You Buy?

Clean Power Hydrogen Plc (LON:CPH2)’s stock price rose 9% on Monday . The stock traded as high as GBX 6.50 and last traded at GBX 6.27. Approximately 224,596 shares changed hands during trading, a decline of 42% from the average daily volume of 390,446 shares. The stock had previously closed at GBX 5.75.

Clean Power Hydrogen Trading Up 6.3%

The company has a debt-to-equity ratio of 0.87, a quick ratio of 6.54 and a current ratio of 5.58. The business has a fifty day simple moving average of GBX 4.69 and a 200 day simple moving average of GBX 5.03. The stock has a market capitalization of £32.03 million, a price-to-earnings ratio of -1.17 and a beta of 0.25.

Clean Power Hydrogen (LON:CPH2) last posted its earnings results on Tuesday, September 30th. The company reported GBX (0.96) earnings per share for the quarter.

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.