Clean Power Hydrogen (LON:CPH2) Hits New 52-Week Low – Here’s Why

Clean Power Hydrogen Plc (LON:CPH2) shares hit a new 52-week low during trading on Thursday. The stock traded as low as GBX 1.10 and last traded at GBX 1.20, with a volume of 10,645,109 shares traded. The stock had previously closed at GBX 1.15.

Clean Power Hydrogen Stock Performance

The stock has a market cap of £11.30 million, a price-to-earnings ratio of -0.57 and a beta of 0.33. The company has a debt-to-equity ratio of 7.77, a quick ratio of 6.54 and a current ratio of 1.13. The stock’s 50-day simple moving average is GBX 1.25 and its two-hundred day simple moving average is GBX 5.62.

Clean Power Hydrogen (LON:CPH2) last issued its quarterly earnings results on Thursday, September 24th. The company reported GBX (1.15) earnings per share (EPS) for the quarter. Clean Power Hydrogen had a negative net margin of 206,700.00% and a negative return on equity of 88.63%.

Clean Power Hydrogen Company Profile

CPH2 plc is the holding company of Clean Power Hydrogen Group Limited which has almost a decade of dedicated research and product development experience. This experience has resulted in the creation of simple, safe and sustainable technology which is designed to deliver a modular solution to the hydrogen production market in a cost-effective, scalable, reliable and long-lasting manner. The Group’s strategic objective is to deliver the lowest LCOH in the market in relation to the production of green hydrogen.