HydrogenOne Capital Growth (LON:HGEN) Trading Up 6% – Time to Buy?

HydrogenOne Capital Growth (LON:HGENGet Free Report)’s stock price shot up 6% on Wednesday . The stock traded as high as GBX 23.90 ($0.30) and last traded at GBX 23.26 ($0.29). 81,602 shares were traded during mid-day trading, a decline of 66% from the average session volume of 238,516 shares. The stock had previously closed at GBX 21.95 ($0.27).

HydrogenOne Capital Growth Price Performance

The business’s 50 day moving average price is GBX 22.64 and its 200-day moving average price is GBX 32.30. The firm has a market capitalization of £30.92 million, a price-to-earnings ratio of 400.00 and a beta of -0.08.

HydrogenOne Capital Growth Company Profile

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HydrogenOne is the first London-listed hydrogen fund investing in clean hydrogen for a positive environmental impact. The Company was launched in 2021 with an investment objective to deliver an attractive level of capital growth by investing in a diversified portfolio of hydrogen and complementary hydrogen focussed assets.

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