Hydrogen Utopia International (LON:HUI) Shares Up 57.8% – Still a Buy?

by · The Cerbat Gem

Hydrogen Utopia International PLC (LON:HUI – Get Free Report) was up 57.8% during trading on Saturday . The company traded as high as GBX 3.80 and last traded at GBX 3.63. Approximately 9,305,121 shares changed hands during mid-day 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 company’s 50 day simple moving average is GBX 1.85 and its two-hundred day simple moving average is GBX 1.55. The company has a market cap of £14.65 million, a PE ratio of -51.86 and a beta of 1.37.

Hydrogen Utopia International (LON:HUI – Get Free Report) last posted its earnings results on Tuesday, September 30th. The company reported GBX (0.05) earnings per share for the quarter.

About Hydrogen Utopia International

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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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