Clean Power Hydrogen (LON:CPH2) Sets New 1-Year Low – Here’s Why

Shares of Clean Power Hydrogen Plc (LON:CPH2) reached a new 52-week low during trading on Friday. The company traded as low as GBX 1.10 and last traded at GBX 1.17, with a volume of 5,426,140 shares changing hands. The stock had previously closed at GBX 1.27.

Clean Power Hydrogen Stock Down 8.2%

The business’s 50 day simple moving average is GBX 1.30 and its 200 day simple moving average is GBX 6.16. The company has a market capitalization of £11.62 million, a PE ratio of -0.59 and a beta of 0.33. The company has a quick ratio of 6.54, a current ratio of 1.13 and a debt-to-equity ratio of 7.77.

Clean Power Hydrogen (LON:CPH2) last released its earnings results on Thursday, September 24th. The company reported GBX (1.15) earnings per share for the quarter. Clean Power Hydrogen had a negative return on equity of 88.63% and a negative net margin of 206,700.00%.

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.