Hydrogen Utopia International (LON:HUI) Shares Up 57.8% – Should You Buy?

Hydrogen Utopia International PLC (LON:HUIGet Free Report) rose 57.8% during trading on Friday . The company traded as high as GBX 3.80 and last traded at GBX 3.63. Approximately 9,305,121 shares traded hands during mid-day trading, an increase of 1,207% from the average daily volume of 712,011 shares. The stock had previously closed at GBX 2.30.

Hydrogen Utopia International Stock Up 57.8%

The firm has a market capitalization of £14.65 million, a price-to-earnings ratio of -51.86 and a beta of 1.37. The firm’s 50 day moving average is GBX 1.80 and its 200 day moving average is GBX 1.53.

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 (EPS) 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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