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Next Hydrogen Solutions TSXV:NXH Stock Report

Last Price

CA$0.49

Market Cap

CA$11.2m

7D

-2.0%

1Y

-34.7%

Updated

16 Aug, 2024

Data

Company Financials +

Next Hydrogen Solutions Inc.

TSXV:NXH Stock Report

Market Cap: CA$11.2m

NXH Stock Overview

Develops and produces water electrolyzers to work with intermittent renewable energy.

NXH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Next Hydrogen Solutions Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Next Hydrogen Solutions
Historical stock prices
Current Share PriceCA$0.49
52 Week HighCA$1.40
52 Week LowCA$0.48
Beta0.26
11 Month Change-24.62%
3 Month Change-27.94%
1 Year Change-34.67%
33 Year Change-92.45%
5 Year Changen/a
Change since IPO-94.56%

Recent News & Updates

Recent updates

Here's Why We're Watching Next Hydrogen Solutions' (CVE:NXH) Cash Burn Situation

Jan 06
Here's Why We're Watching Next Hydrogen Solutions' (CVE:NXH) Cash Burn Situation

Shareholder Returns

NXHCA MachineryCA Market
7D-2.0%-0.3%3.2%
1Y-34.7%-13.7%14.6%

Return vs Industry: NXH underperformed the Canadian Machinery industry which returned -13.9% over the past year.

Return vs Market: NXH underperformed the Canadian Market which returned 14.5% over the past year.

Price Volatility

Is NXH's price volatile compared to industry and market?
NXH volatility
NXH Average Weekly Movement15.6%
Machinery Industry Average Movement8.2%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.8%
10% least volatile stocks in CA Market3.1%

Stable Share Price: NXH's share price has been volatile over the past 3 months.

Volatility Over Time: NXH's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
200743Raveel Afzaalwww.nexthydrogen.com

Next Hydrogen Solutions Inc. develops and produces water electrolyzers to work with intermittent renewable energy. The company offers maintenance and technical support services, as well as provides training and consulting services. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.

Next Hydrogen Solutions Inc. Fundamentals Summary

How do Next Hydrogen Solutions's earnings and revenue compare to its market cap?
NXH fundamental statistics
Market capCA$11.22m
Earnings (TTM)-CA$12.99m
Revenue (TTM)CA$1.99m

5.6x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXH income statement (TTM)
RevenueCA$1.99m
Cost of RevenueCA$2.49m
Gross Profit-CA$500.40k
Other ExpensesCA$12.49m
Earnings-CA$12.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.57
Gross Margin-25.15%
Net Profit Margin-653.08%
Debt/Equity Ratio1.0%

How did NXH perform over the long term?

See historical performance and comparison
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