Hydrogen Utopia International (LON:HUI) Shares Up 23.3% – Time to Buy?

Hydrogen Utopia International PLC (LON:HUI) shot up 23.3% during trading on Thursday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.85 ($0.02). 3,784,488 shares traded hands during mid-day trading, an increase of 494% from the average session volume of 637,411 shares. The stock had previously closed at GBX 1.50 ($0.02).

Hydrogen Utopia International Stock Down 2.7%

The stock has a market capitalization of £7.27 million, a price-to-earnings ratio of -25.71 and a beta of 1.37. The company’s 50-day simple moving average is GBX 1.33 and its 200 day simple moving average is GBX 1.37.

Hydrogen Utopia International (LON:HUI) last posted its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.05) earnings per share (EPS) 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.