Hydrogen Utopia International (LON:HUI) Shares Up 14.6% – Here’s What Happened

Shares of Hydrogen Utopia International PLC (LON:HUI) rose 14.6% on Friday . The stock traded as high as GBX 2.75 ($0.03) and last traded at GBX 2.75 ($0.03). Approximately 209,996 shares changed hands during mid-day trading, an increase of 169% from the average daily volume of 77,985 shares. The stock had previously closed at GBX 2.40 ($0.03).

Hydrogen Utopia International Stock Up 14.6 %

The firm’s fifty day moving average is GBX 3.09 and its two-hundred day moving average is GBX 4.34. The firm has a market cap of £10.60 million, a P/E ratio of -472.50 and a beta of 1.37.

Insider Transactions at Hydrogen Utopia International

In related news, insider Howard White acquired 500,000 shares of Hydrogen Utopia International stock in a transaction that occurred on Friday, December 27th. The stock was bought at an average price of GBX 3 ($0.04) per share, with a total value of £15,000 ($18,527.67). Insiders own 12.97% of the company’s stock.

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.