Next Hydrogen Solutions (CVE:NXH) Hits New 1-Year High – Time to Buy?

Shares of Next Hydrogen Solutions Inc. (CVE:NXHGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$0.95 and last traded at C$1.00, with a volume of 19900 shares traded. The stock had previously closed at C$1.05.

Next Hydrogen Solutions Trading Down 11.4 %

The business’s 50 day moving average price is C$0.63 and its two-hundred day moving average price is C$0.51. The company has a current ratio of 1.46, a quick ratio of 4.66 and a debt-to-equity ratio of 114.29. The company has a market capitalization of C$16.37 million, a price-to-earnings ratio of -1.12 and a beta of 0.22.

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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