Clean Power Hydrogen (LON:CPH2) Shares Down 8.2% – Time to Sell?

Clean Power Hydrogen Plc (LON:CPH2) shares were down 8.2% during trading on Friday . The stock traded as low as GBX 5.51 and last traded at GBX 5.51. Approximately 483,996 shares were traded during trading, an increase of 25% from the average daily volume of 388,714 shares. The stock had previously closed at GBX 6.

Clean Power Hydrogen Price Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 5.58 and a quick ratio of 6.54. The company has a 50 day moving average price of GBX 4.76 and a 200 day moving average price of GBX 5.04. The firm has a market cap of £30.52 million, a PE ratio of -1.11 and a beta of 0.25.

Clean Power Hydrogen (LON:CPH2) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.96) earnings per share (EPS) for the quarter.

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.