Next Hydrogen Solutions Inc. (CVE:NXH – Get Rating)’s share price was up 6.5% on Friday . The stock traded as high as C$1.65 and last traded at C$1.65. Approximately 20,452 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 23,272 shares. The stock had previously closed at C$1.55.
Separately, National Bankshares lowered their price target on shares of Next Hydrogen Solutions from C$4.50 to C$2.50 and set a “sector perform” rating for the company in a research note on Tuesday, May 17th.
The company has a quick ratio of 6.34, a current ratio of 7.01 and a debt-to-equity ratio of 6.24. The firm’s 50-day moving average is C$1.83 and its 200-day moving average is C$2.28. The company has a market cap of C$37.77 million and a PE ratio of -1.33.