Hydrogen Utopia International (LON:HUI) Stock Price Up 3.6% – Still a Buy?

Hydrogen Utopia International PLC (LON:HUI)’s stock price rose 3.6% on Thursday . The stock traded as high as GBX 3.50 and last traded at GBX 3.42. Approximately 1,412,034 shares traded hands during mid-day trading, an increase of 67% from the average daily volume of 843,142 shares. The stock had previously closed at GBX 3.30.

Hydrogen Utopia International Stock Up 3.6%

The firm has a 50 day moving average of GBX 2.69 and a two-hundred day moving average of GBX 2.61. The firm has a market capitalization of £14.80 million, a price-to-earnings ratio of -48.86 and a beta of 0.76.

About Hydrogen Utopia International

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.