Insider Selling: Next Hydrogen Solutions (CVE:NXH) Insider Sells 28,000 Shares of Stock

Next Hydrogen Solutions Inc. (CVE:NXH) insider James Takashi Hinatsu sold 28,000 shares of Next Hydrogen Solutions stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of C$0.55, for a total transaction of C$15,400.00. Following the sale, the insider owned 85,250 shares of the company’s stock, valued at approximately C$46,887.50. The trade was a 24.72% decrease in their ownership of the stock.

James Takashi Hinatsu also recently made the following trade(s):

• On Tuesday, May 26th, James Takashi Hinatsu sold 2,500 shares of Next Hydrogen Solutions stock. The stock was sold at an average price of C$0.55, for a total transaction of C$1,375.00.
• On Wednesday, May 27th, James Takashi Hinatsu sold 16,500 shares of Next Hydrogen Solutions stock. The stock was sold at an average price of C$0.55, for a total transaction of C$9,075.00.
• On Thursday, April 2nd, James Takashi Hinatsu sold 50,000 shares of Next Hydrogen Solutions stock. The stock was sold at an average price of C$0.55, for a total transaction of C$27,500.00.

Next Hydrogen Solutions Trading Up 1.9%

CVE:NXH traded up C$0.01 during trading hours on Friday, reaching C$0.55. The company’s stock had a trading volume of 11,200 shares, compared to its average volume of 7,570. The firm has a 50-day simple moving average of C$0.56 and a 200-day simple moving average of C$0.57. Next Hydrogen Solutions Inc. has a 1 year low of C$0.43 and a 1 year high of C$0.98. The company has a debt-to-equity ratio of 99.60, a quick ratio of 4.66 and a current ratio of 2.26. The firm has a market capitalization of C$38.12 million, a price-to-earnings ratio of -2.50 and a beta of -3.70.

Next Hydrogen Solutions Company Profile

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.