Hydrogen Utopia International (LON:HUI) Trading Down 12.1% – Here’s Why

Shares of Hydrogen Utopia International PLC (LON:HUIGet Free Report) fell 12.1% on Monday . The stock traded as low as GBX 2.70 ($0.04) and last traded at GBX 2.90 ($0.04). 15,288,625 shares were traded during mid-day trading, an increase of 3,224% from the average session volume of 459,924 shares. The stock had previously closed at GBX 3.30 ($0.04).

Hydrogen Utopia International Price Performance

The stock has a market capitalization of £11.30 million, a price-to-earnings ratio of -10.69 and a beta of 1.37. The firm has a 50 day simple moving average of GBX 1.29 and a 200-day simple moving average of GBX 2.16.

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