Hydrogen Group Plc (HYDG.L) (LON:HYDG) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Hydrogen Group Plc (HYDG.L) (LON:HYDG) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 42.50 ($0.55) and traded as low as GBX 36 ($0.46). Hydrogen Group Plc (HYDG.L) shares last traded at GBX 42.50 ($0.55), with a volume of 3,978 shares trading hands.

Hydrogen Group Plc (HYDG.L) Stock Performance

The company has a debt-to-equity ratio of 12.19, a current ratio of 1.90 and a quick ratio of 1.83. The stock has a market capitalization of £11.82 million and a P/E ratio of 106.25. The company has a 50 day simple moving average of GBX 42.50 and a 200-day simple moving average of GBX 42.50.

Hydrogen Group Plc (HYDG.L) Company Profile

Hydrogen Group Plc, together with its subsidiaries, provides recruitment services for mid to senior level professional staff. The company offers professional support services in legal, finance, technology, and business transformation; and services for technical and scientific market sectors, such as energy and life sciences.