Next Hydrogen Solutions (CVE:NXH – Get Rating) had its price objective lowered by equities researchers at National Bankshares from C$4.50 to C$2.50 in a report released on Tuesday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 57.23% from the company’s current price.
Next Hydrogen Solutions stock traded down C$0.09 during trading hours on Tuesday, hitting C$1.59. 6,462 shares of the stock traded hands, compared to its average volume of 25,304. The company has a debt-to-equity ratio of 5.92, a current ratio of 6.90 and a quick ratio of 6.34. The firm’s 50 day moving average price is C$2.18 and its 200-day moving average price is C$3.03. The stock has a market capitalization of C$36.39 million and a price-to-earnings ratio of -1.24. Next…
Next Hydrogen Solutions (CVE:NXH) Price Target Cut to C$2.50
