CVE:NXH

Next Hydrogen Solutions (NXH) Stock Forecast, Price & News

C$1.00

0.00 (0.00%)

(As of 09:51 AM ET)

Compare

Today's Range: C$1.00
▼
C$1.00
50-Day Range: C$1.00
▼
C$1.33
52-Week Range: C$1.00
▼
C$2.50

Volume: 1,100 shs
Average Volume: 6,839 shs
Market Capitalization: C$22.89 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$1.45

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines

Next Hydrogen Solutions MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 45.0% Upside
C$1.45 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.35
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Next Hydrogen Solutions has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.45, Next Hydrogen Solutions has a forecasted upside of 45.0% from its current price of C$1.00.
Amount of Analyst Coverage
Next Hydrogen Solutions has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for NXH.

0.0

Dividend Strength

Dividend Yield
Next Hydrogen Solutions does not currently pay a dividend.
Dividend Growth
Next Hydrogen Solutions does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NXH.

1.9

News and Social Media Coverage

News Sentiment
Next Hydrogen Solutions has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Next Hydrogen Solutions this week, compared to 2 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Next Hydrogen Solutions insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.56% of the stock of Next Hydrogen Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 7.33% of the stock of Next Hydrogen Solutions is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Next Hydrogen Solutions is -1.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Next Hydrogen Solutions is -1.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Next Hydrogen Solutions has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Next Hydrogen Solutions (CVE:NXH) Stock

Next Hydrogen Solutions Inc. designs, manufactures, and sells water and electricity electrolyzers to generate clean hydrogen for use as an energy source. It offers commercial solutions to decarbonize transportation and industrial sectors. The company was founded in 2007 and is headquartered in Mississauga, Canada.

Receive NXH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Next Hydrogen Solutions and its competitors with MarketBeat's FREE daily newsletter.

NXH Stock News Headlines

May 29, 2023 | finance.yahoo.com

IIROC Trading Resumption - NXH

May 29, 2023 | americanbankingnews.com

Next Hydrogen Solutions (CVE:NXH) Releases Earnings Results

May 30, 2023 | Edge On The Street (Ad)

The Graphite Shortage Story You're Not Being Told

Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.

May 26, 2023 | finanznachrichten.de

Next Hydrogen Corporation: Next Hydrogen Reports Q1 2023 Financial Results

May 26, 2023 | finance.yahoo.com

Next Hydrogen Reports Q1 2023 Financial Results

May 25, 2023 | reuters.com

Hyphen and Namibia agree next phase of $10 bln green hydrogen project

May 24, 2023 | msn.com

Forget Fully-Electric Planes; Hydrogen Tech Is Closer Than You Think

May 19, 2023 | americanbankingnews.com

Next Hydrogen Solutions (CVE:NXH) Downgraded to Hold at TD Securities

May 30, 2023 | Edge On The Street (Ad)

The Graphite Shortage Story You're Not Being Told

May 17, 2023 | finance.yahoo.com

Next Hydrogen Reports Q4 and Fiscal 2022 Financial Results and Application for Management Cease Trade Order

May 10, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc flat on Tuesday (NXH)

May 9, 2023 | marketwatch.com

Hydrogen Storage Market Research | 2023-2030

May 4, 2023 | bizjournals.com

Buckeye gives final support to rezone Nikola property for hydrogen hub

May 3, 2023 | news.yahoo.com

Going green: Nel Hydrogen to build in Michigan, work with GM

May 3, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc down on Tuesday (NXH)

May 1, 2023 | finance.yahoo.com

Next Hydrogen Solutions Inc. Announces Delay in Filing of Annual Financial Statements

April 24, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc flat on Monday (NXH)

April 21, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc flat on Friday (NXH)

April 20, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc down on Wednesday (NXH)

April 20, 2023 | markets.businessinsider.com

Hydrogen Generation Market Size Worth USD 306.88 Billion in 2030 – Emergen Research

April 17, 2023 | marketwatch.com

2023-2030, Hydrogen Tube Trailers Market Size : Understanding the Scope of Your Industry

April 16, 2023 | americanbankingnews.com

Next Hydrogen Solutions (CVE:NXH) Shares Up 1.7%

April 16, 2023 | americanbankingnews.com

Next Hydrogen Solutions (CVE:NXH) Trading 1.7% Higher

April 15, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc up on Friday (NXH)

April 14, 2023 | news.yahoo.com

NH sits out on $3.6B Northeast clean hydrogen hub proposal. Why?

April 14, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc flat on Thursday (NXH)

April 12, 2023 | theglobeandmail.com

Closing Bell: Next Hydrogen Solutions Inc up on Tuesday (NXH)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive NXH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Next Hydrogen Solutions and its competitors with MarketBeat's FREE daily newsletter.

NXH Company Calendar

Last Earnings: 5/17/2023
Today: 5/30/2023
Next Earnings (Estimated): 8/10/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Specialty Industrial Machinery
Sub-Industry: N/A
Sector: Industrials
Current Symbol: CVE:NXH
CUSIP: N/A
CIK: N/A
Web: www.nexthydrogen.com
Phone: 647 578 6360
Fax: N/A
Employees: 45
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$1.45
High Stock Price Forecast: C$2.00
Low Stock Price Forecast: C$0.90
Forecasted Upside/Downside: +45.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.62)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-15,550,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -44.24%
Return on Assets: -26.65%

Debt

Debt-to-Equity Ratio: 7.28
Current Ratio: 5.47
Quick Ratio: 4.66

Sales & Book Value

Annual Sales: C$201,147.00
Price / Sales: 113.80
Cash Flow: C$0.85 per share
Price / Cash Flow: 1.18
Book Value: C$1.04 per share
Price / Book: 0.96

Miscellaneous

Outstanding Shares: 22,890,000
Free Float: N/A
Market Cap: C$22.89 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Raveel Afzaal C.F.A. (Age 39)
Pres, CEO & Director
Comp: $255.38k

Mr. Matthew J. Fairlie M.Sc. (Age 68)
Exec. Vice Chairman
Comp: $100k

Mr. Jim Hinatsu Ph.D. (Age 64)
Chief Operating Officer
Comp: $225.08k

Mr. Michael Stemp Ph.D. (Age 52)
Chief Technology Officer
Comp: $220.58k

Ms. Katarzyna Malz C.A. (Age 39)
CPA, CPA, Advisor
Comp: $200k

Mr. Rohan Advani
Chief Financial Officer

Key Competitors

View All Competitors

Insiders

Robert Allan Mackenzie
Bought 22,000 shares on 6/30/2022
Total: C$36,256.00 ($1.65/share)

View All Insider Transactions

NXH Stock - Frequently Asked Questions

Should I buy or sell Next Hydrogen Solutions stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Next Hydrogen Solutions in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NXH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NXH, but not buy additional shares or sell existing shares.
View NXH analyst ratings or view top-rated stocks.
What is Next Hydrogen Solutions' stock price forecast for 2023?: 2 brokers have issued twelve-month target prices for Next Hydrogen Solutions' shares. Their NXH share price forecasts range from C$0.90 to C$2.00. On average, they predict the company's share price to reach C$1.45 in the next year. This suggests a possible upside of 45.0% from the stock's current price.
View analysts price targets for NXH or view top-rated stocks among Wall Street analysts.
How have NXH shares performed in 2023?: Next Hydrogen Solutions' stock was trading at C$1.20 at the beginning of 2023. Since then, NXH shares have decreased by 16.7% and is now trading at C$1.00.
View the best growth stocks for 2023 here.
When is Next Hydrogen Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our NXH earnings forecast.

How were Next Hydrogen Solutions' earnings last quarter?: Next Hydrogen Solutions Inc. (CVE:NXH) released its earnings results on Wednesday, May, 17th. The company reported ($0.14) earnings per share for the quarter. The business earned $0.56 million during the quarter.
What is Next Hydrogen Solutions' stock symbol?: Next Hydrogen Solutions trades on the Canadian Venture Exchange (CVE) under the ticker symbol "NXH."
How do I buy shares of Next Hydrogen Solutions?: Shares of NXH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Next Hydrogen Solutions' stock price today?: One share of NXH stock can currently be purchased for approximately C$1.00.
How much money does Next Hydrogen Solutions make?: Next Hydrogen Solutions (CVE:NXH) has a market capitalization of C$22.89 million and generates C$201,147.00 in revenue each year. The company earns C$-15,550,000.00 in net income (profit) each year or C($0.62) on an earnings per share basis.
How can I contact Next Hydrogen Solutions?: The official website for the company is www.nexthydrogen.com. The company can be reached via phone at 647 578 6360.

This page (CVE:NXH) was last updated on 5/30/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Next Hydrogen Solutions (NXH) Stock Forecast, Price & News

Next Hydrogen Solutions MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Next Hydrogen Solutions (CVE:NXH) Stock

NXH Stock News Headlines

NXH Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

NXH Stock - Frequently Asked Questions

Overall MarketRank^™