Hydrogen Utopia International (LON:HUI) Shares Up 15.5% – Here’s What Happened

Hydrogen Utopia International PLC (LON:HUIGet Free Report) shares rose 15.5% during mid-day trading on Friday . The company traded as high as GBX 1.60 ($0.02) and last traded at GBX 1.53 ($0.02). Approximately 2,233,610 shares traded hands during trading, an increase of 233% from the average daily volume of 671,749 shares. The stock had previously closed at GBX 1.33 ($0.02).

Hydrogen Utopia International Price Performance

The firm has a market capitalization of £5.96 million, a price-to-earnings ratio of -5.64 and a beta of 1.37. The business’s 50-day moving average price is GBX 1.52 and its 200 day moving average price is GBX 1.80.

Hydrogen Utopia International (LON:HUIGet Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.17)) earnings per share (EPS) for the quarter.

Hydrogen Utopia International Company Profile

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Hydrogen Utopia International (HUI) is a company pioneering the responsible, sustainable remediation of non-recyclable waste plastics into clean fuel hydrogen using unique proprietary technology. HUI is addressing the major environmental threat posed by waste plastic whilst providing alternative energy sources with significantly lower carbon emissions than existing processes with a view to achieving net zero climate impact.

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