Home Financial Markets Penny Stocks Let’s take a look why Solar Hydrogen (HYSR) stock is booming recently?

Let’s take a look why Solar Hydrogen (HYSR) stock is booming recently?

Solar Hydrogen (HYSR) is working on a low-cost, breakthrough technology to produce renewable hydrogen using sunlight, seawater, and wastewater. The stock rose 37.5% to $0.078 yesterday. During the day the Company ranged from $0.2162 to $0.30 with a volume of 160,641,865 in contrast with an average 30-day volume of 68,033,304.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Corporate Info

When compared to hydrocarbon fuels, such as oil, coal, and natural gas, which release carbon dioxide and other contaminants when used, hydrogen fuel only produces pure water as a byproduct of usage.

Recent developments

the most recent news announcement by the company was almost 20 days ago on December 31, 2020, When SunHydrogen, Inc. (OTC: HYSR) has shared a year closing overview on market growth and technologies.

Key Highlights

  • The Gen 1 program was designed to demonstrate clearly the concept and the potential to increase scalability and eventually commercial viability. SunHydrogen is currently building up 100 Solar Hydrogen prototype devices including the assembly of solar cells with applied coatings and catalysts and the housing for the safe collection of hydrogen.
  • The Company has entered into an MOU with two companies in China, Suzhou GH New Energy Tech Co., LTD, and Suzhou Maimaosi Sensor Technology Co., LTD, both based in Suzhou, China. The Gen 1 technology uses multi-junction amorphous silicon solar cells.
  • In 2019, Gen 1 cell technology showed 1000 hours of continuous production of hydrogen. Although the overall cell efficiency is low, SunHydrogen has acquired interesting and useful insight for the development of its Gen 2 nanoparticles technology through experimentations.
  • In early Q2 of 2021, SunHydrogen expects the completion of the 100 prototype devices, allowing the Company to exploit them as more proof of concept as the Company continues to accelerate the production of nanotechnology.
  • From technology and market feasibility point of view, SunHydrogen’s Gen 2 program is one that the company claims is more economical.
  • Gen 2 technology is ideally placed to produce three times the performance of solar-to-hydrogen and poses a possible turning point for market-changing hydrogen development by acquiring and exploiting lessons from the Gen 1 initiative.

Summary

During recent times, this stock’s share price has experienced wild swings as investors eagerly influenced the stock’s price on simple company news or on no news at all. So the recent surge seemed to be the sequence of that pattern.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

What Prompted INVO Biosciences’ After-Hours Rally?

A spike in INVO Bioscience, Inc's (NASDAQ: INVO) stock price after-hours drove its price up 83.28% on Monday. In regular sessions, through the end...

The Opgen (OPGN) Stock Is High Today, Reason?

OpGen, Inc. (Nasdaq: OPGN), a company that makes use of the power of molecular diagnostics and bioinformatics to treat infectious diseases, is showing strength...

Why Nano Dimension (NNDM) Leapt 7% In Aftermarket Trading On Friday?

After-hours trading on Friday saw Nano Dimension Corp (Nasdaq: NNDM) hit $7.97 a share rising 4.73%. The stock saw a decline of -2.31% to...

What Caused The Anchiano Therapeutics (ANCN) To Continue Rally After-Hours?

The clinical-stage biotech company Anchiano Therapeutics Ltd. (Nasdaq: ANCN) saw its stock rising 40.12% in after-hours trades on Friday. The price of the company’s...

Are The Financial Results Weighing On Senseonics (SENS) Stock In Premarket Today?

Shares of medical technology Senseonics Holdings, Inc. (NYSE American: SENS) has been declining -9.67% in pre-market session today falling to a price level of...

Tron (TRX) Working Hard on DeFi Development; Where is TRX Heading?

Tron 2021 Global DeFi Hackathon developer contest is one of its $120 million TRON DeFi Entrepreneurial Alliance Support Program.  TRON (TRX) is making sure that it...

Mark Cuban backs Dogecoin (DOGE) and says Dallas Mavericks are the largest merchant of Meme Coin worldwide

After Elon Musk, Cuban comes out in favor of the meme coin. Dogecoin (DOGE) is one of the most anticipated cryptocurrencies of the future. Back...

The Opgen (OPGN) Stock Is High Today, Reason?

OpGen, Inc. (Nasdaq: OPGN), a company that makes use of the power of molecular diagnostics and bioinformatics to treat infectious diseases, is showing strength...

Related News

Something to Keep an Eye on Before Buying MMEX Resources Corp (OTC:MMEX)

On a performance basis, this stock's weekly performance was -4.17% while its monthly performance was 64.29%. Over the last six months, the quarterly return...

IS this prompting Simlatus Corporation (OTCPINK: SIML), shares go-boom last night

Simlatus Corporation (OTCPINK: SIML),stock  was up +52.35% to $0.0009 at previous close. It has performed a total of -7.14% over a period of five...

ASLAN Pharmaceuticals (ASLN) Stock sees 70% stock price increase due to successful first trial report

ASLAN Pharmaceuticals (NASDAQ: ASLN) moved upward an impressive 73.58% and has reached a share price of $7.69. ASLAN had previously closed at $4.43. This...

The sentiment indicator is sending signals of health: Carnegie Clean Energy Ltd [CWGYF]

During the previous trading session, Carnegie Clean Energy Ltd (OTC: CWGYF) closed at $0.0070, up 52.17%. A total of 278.28 million shares were traded...

Would Grand Capital Ventures Inc (OTC: GRCV) make a good investment now? Here’s How to Decide

GRAND CAPITAL VENTURES INC (GRCV) closed down -72.22% at $0.0025 on Friday, and has been trading within a day range between $0.0093 and $0.0022....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.