Clean Power Hydrogen Plc (LON:CPH2 – Get Free Report) shares dropped 9.5% on Thursday . The company traded as low as GBX 12 and last traded at GBX 12.55. Approximately 1,200,304 shares traded hands during trading, an increase of 4% from the average daily volume of 1,153,222 shares. The stock had previously closed at GBX 13.88.
Clean Power Hydrogen Stock Performance
The company has a current ratio of 3.89, a quick ratio of 6.54 and a debt-to-equity ratio of 8.05. The business’s 50 day moving average is GBX 9.62 and its two-hundred day moving average is GBX 6.68. The company has a market cap of £68.27 million, a PE ratio of -2.49 and a beta of 0.29.
About Clean Power Hydrogen
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.
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