Clean Power Hydrogen (LON:CPH2) Trading 1.8% Higher – Time to Buy?

Shares of Clean Power Hydrogen Plc (LON:CPH2) shot up 1.8% on Wednesday . The stock traded as high as GBX 8 ($0.10) and last traded at GBX 7.99 ($0.10). 374,197 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 409,623 shares. The stock had previously closed at GBX 7.85 ($0.10).

Clean Power Hydrogen Stock Down 2.2 %

The stock has a market cap of £20.57 million, a P/E ratio of -381.35 and a beta of 0.25. The company has a quick ratio of 6.54, a current ratio of 5.58 and a debt-to-equity ratio of 4.50. The company has a 50-day simple moving average of GBX 8.60 and a two-hundred day simple moving average of GBX 9.35.

Clean Power Hydrogen Company Profile

Clean Power Hydrogen plc, a green hydrogen technology and manufacturing company, engages in the development of hydrogen and oxygen production solutions. The company provides membrane-free electrolyser technology, which produces green hydrogen and oxygen in medical grade purity. It serves power, industry and manufacturing, transportation and machinery, commercial and retail, and hydroculture markets.