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The latest update is out from Hydrogenone Capital Growth Plc ( (GB:HGEN) ).
HydrogenOne Capital Growth Plc reported a decrease in Net Asset Value (NAV) from £132.7 million to £116.4 million for the year ending December 2024, with a significant drop in share price and an increased discount to NAV. Despite these challenges, the company highlighted positive revenue growth from its portfolio companies and a substantial increase in global clean hydrogen investments, projecting a promising future for the sector. The company is actively seeking ways to improve shareholder value and address share price performance, following a disrupted transaction with Cordiant Capital Inc.
More about Hydrogenone Capital Growth Plc
HydrogenOne Capital Growth Plc is the first London-listed fund focused on investing in clean hydrogen to achieve positive environmental impacts. Established in 2021, the company aims to deliver capital growth by investing in a diversified portfolio of hydrogen and related assets, while adhering to ESG principles. It is classified as an Article 9 climate impact fund under the Sustainable Finance Disclosure Regulation.
YTD Price Performance: -3.46%
Average Trading Volume: 240,693
Technical Sentiment Signal: Buy
For a thorough assessment of HGEN stock, go to TipRanks’ Stock Analysis page.