Hydrogen Utopia International (LON:HUI) Trading Up 57.8% – Time to Buy?

Shares of Hydrogen Utopia International PLC (LON:HUI) rose 57.8% during trading on Friday . The stock traded as high as GBX 3.80 and last traded at GBX 3.63. Approximately 9,305,121 shares were traded during mid-day trading, an increase of 1,207% from the average daily volume of 712,011 shares. The stock had previously closed at GBX 2.30.

Hydrogen Utopia International Trading Up 57.8%

The firm has a market capitalization of £14.65 million, a PE ratio of -51.86 and a beta of 1.37. The firm’s fifty day moving average price is GBX 1.85 and its 200 day moving average price is GBX 1.55.

Hydrogen Utopia International (LON:HUI) last posted its earnings results on Tuesday, September 30th. The company reported GBX (0.05) earnings per share (EPS) for the quarter.

Hydrogen Utopia International Company Profile

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.