Next Hydrogen Solutions (CVE:NXH) Share Price Breaks Above 50 Day Moving Average – Here’s What Happened

Next Hydrogen Solutions Inc. (CVE:NXH – Get Free Report) shares passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$0.42 and traded as high as C$0.45. Next Hydrogen Solutions shares last traded at C$0.45, with a volume of 10,219 shares.

Next Hydrogen Solutions Stock Performance

The firm has a fifty day moving average price of C$0.42 and a 200 day moving average price of C$0.51. The company has a current ratio of 1.76, a quick ratio of 4.66 and a debt-to-equity ratio of 138.26. The firm has a market cap of C$31.19 million, a PE ratio of -3.46 and a beta of -3.08.

About Next Hydrogen Solutions

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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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