Hydrogen Utopia International (LON:HUI) Trading 14.6% Higher – Still a Buy?

Shares of Hydrogen Utopia International PLC (LON:HUIGet Free Report) traded up 14.6% on Friday . The company traded as high as GBX 2.75 ($0.03) and last traded at GBX 2.75 ($0.03). 209,996 shares changed hands during trading, an increase of 169% from the average session volume of 77,985 shares. The stock had previously closed at GBX 2.40 ($0.03).

Hydrogen Utopia International Price Performance

The company has a 50-day simple moving average of GBX 3.07 and a 200-day simple moving average of GBX 4.31. The stock has a market cap of £10.60 million, a PE ratio of -472.50 and a beta of 1.37.

Insider Transactions at Hydrogen Utopia International

In related news, insider Howard White purchased 500,000 shares of Hydrogen Utopia International stock in a transaction dated Friday, December 27th. The stock was bought at an average cost of GBX 3 ($0.04) per share, for a total transaction of £15,000 ($18,724.25). Corporate insiders own 12.97% of the company’s stock.

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.

Further Reading

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