Hydrogen Utopia International (LON:HUI) Trading 57.8% Higher – Should You Buy?

Hydrogen Utopia International PLC (LON:HUI)’s share price was up 57.8% 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 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 Price Performance

The stock’s 50-day moving average is GBX 1.80 and its two-hundred day moving average is GBX 1.53. The company 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 announced 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.