Next Hydrogen Solutions (CVE:NXH) Director Sells C$14,250.00 in Stock

Key Points

  • Director Adarsh Mehta sold 28,500 Next Hydrogen Solutions shares at an average price of C$0.50, generating C$14,250. His direct ownership declined 1.57% to 1,781,134 shares.
  • Mehta also sold an additional 500 shares the following day at C$0.49, worth C$245.
  • Next Hydrogen Solutions opened at C$0.41, with a C$28.42 million market capitalization and a 52-week trading range of C$0.41 to C$0.98. The company develops water electrolyzers designed to operate with intermittent renewable energy.

Next Hydrogen Solutions Inc. (CVE:NXH - Get Free Report) Director Adarsh Mehta sold 28,500 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of C$0.50, for a total transaction 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 stock was sold at an average price of C$0.49, for a total transaction of C$245.00.

Next Hydrogen Solutions Price Performance

Next Hydrogen Solutions stock opened at C$0.41 on Friday. The company has a market cap of C$28.42 million, a price-to-earnings ratio of -3.15 and a beta of -3.59. The firm's fifty day moving average is C$0.47 and its 200 day moving average is C$0.53. The company has a quick ratio of 4.66, a current ratio of 1.76 and a debt-to-equity ratio of 138.26. Next Hydrogen Solutions Inc. has a 52-week low of C$0.41 and a 52-week high of C$0.98.

About Next Hydrogen Solutions

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Next Hydrogen Solutions (CVE:NXH)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Next Hydrogen Solutions?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Next Hydrogen Solutions and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles