Hydrogen Utopia International (LON:HUI) Trading Down 10.5% – Here’s Why

Hydrogen Utopia International PLC (LON:HUIGet Free Report) shares dropped 10.5% during mid-day trading on Saturday . The company traded as low as GBX 1.60 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 3,525,512 shares changed hands during mid-day trading, an increase of 543% from the average daily volume of 548,623 shares. The stock had previously closed at GBX 1.90 ($0.03).

Hydrogen Utopia International Price Performance

The company has a market capitalization of £6.62 million, a P/E ratio of -6.27 and a beta of 1.37. The business has a 50-day moving average of GBX 1.33 and a 200-day moving average of GBX 2.10.

Hydrogen Utopia International (LON:HUIGet Free Report) last released its earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.18)) earnings per share for the quarter.

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.

Further Reading

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