Clean Power Hydrogen (LON:CPH2) Reaches New 12-Month Low – Here’s Why

Clean Power Hydrogen Plc (LON:CPH2) shares reached a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 1.10 and last traded at GBX 1.10, with a volume of 3,835,465 shares trading hands. The stock had previously closed at GBX 1.15.

Clean Power Hydrogen Stock Performance

The company has a fifty day moving average of GBX 1.35 and a two-hundred day moving average of GBX 6.51. The firm has a market capitalization of £11.28 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.

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

About Clean Power Hydrogen

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.