Clean Power Hydrogen Plc Shares Rise Despite Market Volatility
Key Ideas
- Clean Power Hydrogen Plc shares increased by 1% amidst market fluctuations, reaching GBX 7.88.
- The company boasts strong financial ratios with a current ratio of 5.58 and a quick ratio of 6.54.
- Clean Power Hydrogen Group Limited focuses on developing sustainable hydrogen production technology for the market.
- Despite a decline in trading volume, Clean Power Hydrogen Plc remains resilient with a market capitalization of £21.24 million.
Clean Power Hydrogen Plc (LON:CPH2) experienced a 1% surge in its shares on Friday, reaching GBX 7.88 amidst market volatility. Despite this increase, trading volume saw a 28% decrease compared to the average. The company maintains a current ratio of 5.58, a quick ratio of 6.54, and a debt-to-equity ratio of 4.50. With a market capitalization of £21.24 million, a PE ratio of -393.75, and a beta of 0.25, Clean Power Hydrogen Plc demonstrates financial stability. Clean Power Hydrogen is the holding company of Clean Power Hydrogen Group Limited, which specializes in developing sustainable hydrogen production technology. This technology aims to provide a cost-effective, scalable, reliable, and long-lasting solution for the hydrogen market. Despite challenges, Clean Power Hydrogen Plc continues to showcase resilience and innovation in the sector.