Hydrogen Utopia International (LON:HUI) Shares Up 46.3% – Still a Buy?

Shares of Hydrogen Utopia International PLC (LON:HUIGet Free Report) shot up 46.3% during mid-day trading on Friday . The company traded as high as GBX 3.50 and last traded at GBX 3.37. 5,265,611 shares were traded during mid-day trading, an increase of 658% from the average session volume of 694,524 shares. The stock had previously closed at GBX 2.30.

Hydrogen Utopia International Trading Up 57.8%

The business’s fifty day simple moving average is GBX 1.85 and its 200 day simple moving average is GBX 1.55. The stock has a market cap of £14.65 million, a price-to-earnings ratio of -51.86 and a beta of 1.37.

Hydrogen Utopia International (LON:HUIGet Free Report) last posted its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.05) earnings per share 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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