Hydrogen Utopia International (LON:HUI) Shares Up 15.5% – Here’s Why

Hydrogen Utopia International PLC (LON:HUIGet Free Report)’s stock price shot up 15.5% on Saturday . The stock traded as high as GBX 1.60 ($0.02) and last traded at GBX 1.53 ($0.02). 2,233,610 shares traded hands during trading, an increase of 233% from the average session volume of 671,749 shares. The stock had previously closed at GBX 1.33 ($0.02).

Hydrogen Utopia International Stock Performance

The stock has a market cap of £5.96 million, a price-to-earnings ratio of -5.64 and a beta of 1.37. The company has a 50-day simple moving average of GBX 1.52 and a two-hundred day simple moving average of GBX 1.80.

Hydrogen Utopia International (LON:HUIGet Free Report) last released its 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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