Next Hydrogen Solutions Inc. (CVE:NXH – Get Free Report)’s stock price was down 4.3% on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 1,011 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 9,652 shares. The stock had previously closed at C$0.47.
Analysts Set New Price Targets
Separately, TD Securities cut their target price on shares of Next Hydrogen Solutions from C$0.75 to C$0.50 and set a “hold” rating on the stock in a research note on Friday, August 16th.
Read Our Latest Analysis on NXH
Next Hydrogen Solutions Stock Performance
Next Hydrogen Solutions (CVE:NXH – Get Free Report) last posted its quarterly earnings results on Thursday, August 15th. The company reported C($0.17) earnings per share (EPS) for the quarter. The company had revenue of C$0.55 million for the quarter. Equities research analysts predict that Next Hydrogen Solutions Inc. will post -0.6 earnings per share for the current fiscal year.
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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