Hydrogen Utopia International (LON:HUI) Trading 11.1% Higher – Still a Buy?

Shares of Hydrogen Utopia International PLC (LON:HUIGet Free Report) shot up 11.1% during mid-day trading on Friday . The company traded as high as GBX 2.60 and last traded at GBX 2.50. Approximately 2,678,072 shares traded hands during trading, an increase of 302% from the average daily volume of 665,888 shares. The stock had previously closed at GBX 2.25.

Hydrogen Utopia International Trading Up 11.1%

The stock has a 50-day moving average price of GBX 2.42 and a two-hundred day moving average price of GBX 2.66. The stock has a market cap of £10.82 million, a price-to-earnings ratio of -13.89 and a beta of 0.73.

Hydrogen Utopia International Company Profile

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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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