Hydrogen Utopia International (LON:HUI) Trading Up 6.5% – Still a Buy?

Hydrogen Utopia International PLC (LON:HUI) rose 6.5% during mid-day trading on Monday . The stock traded as high as GBX 2.98 and last traded at GBX 2.98. Approximately 169,369 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 766,492 shares. The stock had previously closed at GBX 2.80.

Hydrogen Utopia International Stock Up 7.2%

The firm has a fifty day simple moving average of GBX 2.18 and a 200-day simple moving average of GBX 1.69. The company has a market cap of £12.18 million, a PE ratio of -42.86 and a beta of 1.37.

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