Hydrogen Utopia International (LON:HUI) Stock Price Up 5% – Here’s Why

Hydrogen Utopia International PLC (LON:HUI)’s share price rose 5% during mid-day trading on Thursday . The company traded as high as GBX 2.50 and last traded at GBX 2.31. Approximately 1,648,436 shares traded hands during mid-day trading, an increase of 152% from the average daily volume of 655,025 shares. The stock had previously closed at GBX 2.20.

Hydrogen Utopia International Trading Up 5.5%

The company has a 50 day simple moving average of GBX 1.46 and a 200 day simple moving average of GBX 1.42. The stock has a market cap of £10.01 million, a P/E ratio of -35.43 and a beta of 1.37.

Hydrogen Utopia International (LON:HUI) last issued its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.05) earnings per share 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.