Huddled Group (LON:HUD) Stock Price Up 2.1% – Time to Buy?

Huddled Group Plc (LON:HUD)’s share price rose 2.1% during trading on Tuesday . The company traded as high as GBX 2.37 ($0.03) and last traded at GBX 2.35 ($0.03). Approximately 312,348 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 675,623 shares. The stock had previously closed at GBX 2.30 ($0.03).

Huddled Group Stock Down 3.9%

The company has a market capitalization of £8.66 million, a P/E ratio of -1.92 and a beta of 2.30. The business has a fifty day moving average price of GBX 2.94 and a 200 day moving average price of GBX 3.21.

Huddled Group (LON:HUD) last issued its quarterly earnings results on Monday, September 29th. The company reported GBX (57) EPS for the quarter. Huddled Group had a negative net margin of 36.99% and a negative return on equity of 29.82%.

Insider Activity at Huddled Group

In other news, insider Martin Higginson purchased 2,893,227 shares of the business’s stock in a transaction dated Thursday, July 24th. The shares were bought at an average cost of GBX 3 per share, for a total transaction of £86,796.81. 23.69% of the stock is currently owned by company insiders.

About Huddled Group

Huddled Group Plc is a dynamic e-commerce retail group specialising in surplus goods and operating a portfolio of socially and environmentally responsible businesses that serve customers across the UK.

With a proven track record in creating, nurturing, and growing successful businesses, Huddled Group is committed to driving sustainable growth.