Shore Capital Reiterates “House Stock” Rating for Hydrogen Group (LON:HYDG)

Shore Capital restated their house stock rating on shares of Hydrogen Group (LON:HYDG) in a research report sent to investors on Wednesday, May 29th, Digital Look reports.

Shares of HYDG remained flat at $GBX 79 ($1.03) during mid-day trading on Wednesday. The stock had a trading volume of 8,475 shares, compared to its average volume of 5,544. The firm has a market cap of $26.20 million and a price-to-earnings ratio of 12.34. The company has a current ratio of 1.60, a quick ratio of 1.55 and a debt-to-equity ratio of 1.39. Hydrogen Group has a one year low of GBX 29.75 ($0.39) and a one year high of GBX 85 ($1.11).

The company also recently announced a dividend, which was paid on Friday, May 31st. Stockholders of record on Thursday, May 2nd were given a GBX 1 ($0.01) dividend. This is a positive change from Hydrogen Group’s previous dividend of $0.50. The ex-dividend date was Thursday, May 2nd. This represents a dividend yield of 1.5%. Hydrogen Group’s dividend payout ratio (DPR) is presently 0.31%.

About Hydrogen Group

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

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