Adarsh Mehta Sells 28,500 Shares of Next Hydrogen Solutions (CVE:NXH) Stock

Next Hydrogen Solutions Inc. (CVE:NXH) Director Adarsh Mehta sold 28,500 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of C$0.50, for a total value of C$14,250.00. Following the completion of the transaction, the director directly owned 1,781,134 shares of the company’s stock, valued at approximately C$890,567. This trade represents a 1.57% decrease in their ownership of the stock.

Adarsh Mehta also recently made the following trade(s):

• On Tuesday, September 1st, Adarsh Mehta sold 500 shares of Next Hydrogen Solutions stock. The shares were sold at an average price of C$0.49, for a total value of C$245.00.

Next Hydrogen Solutions Stock Performance

NXH stock remained flat at C$0.41 during trading on Thursday. 56,125 shares of the company traded hands, compared to its average volume of 9,656. The company has a fifty day moving average price of C$0.48 and a 200 day moving average price of C$0.53. Next Hydrogen Solutions Inc. has a 12-month low of C$0.41 and a 12-month high of C$0.98. The company has a market capitalization of C$28.42 million, a PE ratio of -3.15 and a beta of -3.59. The company has a debt-to-equity ratio of 138.26, a quick ratio of 4.66 and a current ratio of 1.76.

About Next Hydrogen Solutions

Next Hydrogen Solutions Inc develops and produces water electrolyzers to work with intermittent renewable energy. The company was founded in 2007 and is headquartered in Mississauga, Canada.