Hydrogen Utopia International (LON:HUI) Shares Up 57.8% – What’s Next?

Hydrogen Utopia International PLC (LON:HUI) shares shot 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 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 Price Performance

The firm’s 50-day moving average price is GBX 1.80 and its 200-day moving average price is GBX 1.53. The stock has a market cap of £14.65 million, a P/E ratio of -51.86 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) 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.