Clean Power Hydrogen (LON:CPH2) Shares Up 8.7% – Should You Buy?

Clean Power Hydrogen Plc (LON:CPH2)’s stock price shot up 8.7% during trading on Friday . The stock traded as high as GBX 5 and last traded at GBX 4.89. 33,039 shares were traded during trading, a decline of 87% from the average session volume of 246,213 shares. The stock had previously closed at GBX 4.50.

Clean Power Hydrogen Stock Up 8.7%

The stock’s 50 day simple moving average is GBX 5.57 and its two-hundred day simple moving average is GBX 5.02. The firm has a market cap of £24.55 million, a P/E ratio of -0.89 and a beta of 0.25. The company has a debt-to-equity ratio of 0.87, a current ratio of 5.58 and a quick ratio of 6.54.

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.