Hydrogen Utopia International (LON:HUI) Trading 57.8% Higher – Still a Buy?

by · The Cerbat Gem

Hydrogen Utopia International PLC (LON:HUI – Get Free Report) shares 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 changed hands during 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 Stock Performance

The stock has a fifty day simple moving average of GBX 1.85 and a 200 day simple moving average of GBX 1.55. The firm has a market cap of £14.65 million, a P/E ratio of -51.86 and a beta of 1.37.

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

About Hydrogen Utopia International

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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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