Hydrogen Utopia International (LON:HUI) Stock Price Down 10.5% – Here’s What Happened

Shares of Hydrogen Utopia International PLC (LON:HUI) were down 10.5% during mid-day trading on Saturday . The company traded as low as GBX 1.60 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 3,525,512 shares changed hands during mid-day trading, an increase of 543% from the average daily volume of 548,623 shares. The stock had previously closed at GBX 1.90 ($0.03).

Hydrogen Utopia International Stock Down 10.5%

The business has a 50-day moving average price of GBX 1.33 and a 200-day moving average price of GBX 2.10. The firm has a market capitalization of £6.62 million, a PE ratio of -6.27 and a beta of 1.37.

Hydrogen Utopia International (LON:HUI) last posted its quarterly earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.18)) earnings per share (EPS) 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.