Hydrogen Utopia International (LON:HUI) Stock Price Down 10.2% – Here’s Why

Hydrogen Utopia International PLC (LON:HUI)’s stock price fell 10.2% during trading on Friday . The stock traded as low as GBX 2.32 and last traded at GBX 2.56. 625,492 shares were traded during trading, a decline of 31% from the average session volume of 901,803 shares. The stock had previously closed at GBX 2.85.

Hydrogen Utopia International Stock Performance

The stock has a market capitalization of £11.08 million, a price-to-earnings ratio of -36.57 and a beta of 0.89. The company has a 50-day moving average of GBX 2.76 and a 200-day moving average of GBX 2.38.

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.