Next Hydrogen Solutions Inc. (CVE:NXH – Get Free Report) rose 3.6% during mid-day trading on Tuesday . The stock traded as high as C$0.57 and last traded at C$0.57. Approximately 575 shares traded hands during trading, a decline of 92% from the average daily volume of 7,419 shares. The stock had previously closed at C$0.55.
Next Hydrogen Solutions Stock Performance
The company has a quick ratio of 4.66, a current ratio of 2.50 and a debt-to-equity ratio of 69.00. The company has a 50-day moving average price of C$0.57 and a 200-day moving average price of C$0.59. The firm has a market capitalization of C$37.43 million, a price-to-earnings ratio of -1.74 and a beta of -3.18.
Insider Buying and Selling
In related news, insider James Takashi Hinatsu sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of C$0.55, for a total transaction of C$27,500.00. Following the sale, the insider owned 161,750 shares of the company’s stock, valued at C$88,962.50. The trade was a 23.61% decrease in their ownership of the stock. 18.54% of the stock is currently owned by insiders.
Next Hydrogen Solutions Company Profile
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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