Proton Motor Power Systems (LON:PPS) Shares Down 58.8% – Here’s What Happened

Proton Motor Power Systems Plc (LON:PPSGet Free Report) was down 58.8% on Wednesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 3,302,509 shares were traded during trading, an increase of 439% from the average daily volume of 612,611 shares. The stock had previously closed at GBX 0.43 ($0.01).

Proton Motor Power Systems Stock Performance

The business has a 50-day simple moving average of GBX 0.63 and a 200-day simple moving average of GBX 1.45. The company has a market cap of £1.86 million, a price-to-earnings ratio of -12.50 and a beta of 1.36.

About Proton Motor Power Systems

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Proton Motor Power Systems Plc, together with its subsidiaries, designs, develops, manufactures, and tests fuel cells and fuel cell hybrid systems, and related technical components in the United Kingdom, Germany, rest of Europe, and internationally. The company offers solutions for renewable energy storage systems based on hydrogen.

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