McPhy Energy (OTCMKTS:MPHYF) Shares Down 38.9% – Here’s Why

McPhy Energy S.A. (OTCMKTS:MPHYFGet Free Report) dropped 38.9% during mid-day trading on Thursday . The stock traded as low as $1.17 and last traded at $1.17. Approximately 100 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 216 shares. The stock had previously closed at $1.91.

McPhy Energy Price Performance

The firm’s 50-day moving average price is $1.88 and its 200 day moving average price is $2.29.

About McPhy Energy

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McPhy Energy SA provides hydrogen production and distribution equipment for hydrogen energy, hydrogen mobility, and industrial hydrogen markets. The company offers alkaline electrolyzers; hydrogen storage and transportation solutions; and fuel cell systems. It also develops hydrogen stations, and provides integrated hydrogen solutions.

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