Next Hydrogen Solutions (CVE:NXH) Sets New 12-Month High – Time to Buy?

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

Next Hydrogen Solutions Price Performance

The business has a 50-day simple moving average of C$0.63 and a 200 day simple moving average of C$0.51. The stock has a market cap of C$16.37 million, a P/E ratio of -1.12 and a beta of 0.22. The company has a current ratio of 1.46, a quick ratio of 4.66 and a debt-to-equity ratio of 114.29.

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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