Hydrogen Utopia International (LON:HUI) Shares Up 11.6% – Still a Buy?

Hydrogen Utopia International PLC (LON:HUI) shares were up 11.6% during trading on Tuesday . The stock traded as high as GBX 2.90 and last traded at GBX 2.79. 1,697,819 shares were traded during mid-day trading, an increase of 107% from the average daily volume of 820,541 shares. The stock had previously closed at GBX 2.50.

Hydrogen Utopia International Trading Up 0.5%

The business’s fifty day simple moving average is GBX 2.91 and its 200-day simple moving average is GBX 2.92. The firm has a market cap of £11.90 million, a P/E ratio of -15.28 and a beta of 1.47.

Hydrogen Utopia International (LON:HUI) last posted its earnings results on Wednesday, April 29th. The company reported GBX (18) 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.