Hydrogen Utopia International (LON:HUI) Trading 57.8% Higher – Here’s What Happened

Hydrogen Utopia International PLC (LON:HUI)’s share price traded up 57.8% during mid-day trading on Friday . The company traded as high as GBX 3.80 and last traded at GBX 3.63. 9,305,121 shares traded hands during mid-day trading, an increase of 1,207% from the average session volume of 712,011 shares. The stock had previously closed at GBX 2.30.

Hydrogen Utopia International Stock Up 57.8%

The business has a 50-day moving average price of GBX 1.85 and a 200-day moving average price of GBX 1.55. The firm has a market capitalization of £14.65 million, a price-to-earnings ratio of -51.86 and a beta of 1.37.

Hydrogen Utopia International (LON:HUI) last released its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.05) EPS for the quarter.

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.