Hydrogen Utopia International (LON:HUI) Shares Up 13% – Here’s Why

Hydrogen Utopia International PLC (LON:HUIGet Free Report)’s share price shot up 13% on Thursday . The company traded as high as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). 36,610 shares changed hands during trading, a decline of 76% from the average session volume of 153,076 shares. The stock had previously closed at GBX 1.15 ($0.02).

Hydrogen Utopia International Trading Up 13.0%

The business’s 50-day moving average is GBX 1.55 and its two-hundred day moving average is GBX 2.46. The stock has a market capitalization of £5.07 million, a PE ratio of -4.79 and a beta of 1.37.

Hydrogen Utopia International (LON:HUIGet Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.17)) earnings per share for the quarter.

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.

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