Next Hydrogen Solutions Inc. (CVE:NXH – Get Rating) dropped 5.5% during trading on Tuesday . The stock traded as low as C$1.56 and last traded at C$1.56. Approximately 4,075 shares were traded during trading, a decline of 82% from the average daily volume of 22,105 shares. The stock had previously closed at C$1.65.
Analysts Set New Price Targets
Separately, National Bankshares reduced their price objective 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 report on Tuesday, May 17th.
Next Hydrogen Solutions Stock Down 5.5 %
The firm has a market cap of C$35.71 million and a PE ratio of -1.26. The company has a debt-to-equity ratio of 6.24, a quick ratio of 6.34 and a current ratio of 7.01. The firm’s 50-day moving average price is C$1.74 and its two-hundred day moving…