Huddled Group (LON:HUD) Shares Up 7.4% – Time to Buy?

Shares of Huddled Group Plc (LON:HUD) were up 7.4% during mid-day trading on Wednesday . The company traded as high as GBX 0.55 and last traded at GBX 0.51. Approximately 51,449,098 shares traded hands during mid-day trading, an increase of 4,562% from the average daily volume of 1,103,686 shares. The stock had previously closed at GBX 0.48.

Huddled Group Trading Up 7.4%

The stock has a 50-day simple moving average of GBX 0.87 and a 200 day simple moving average of GBX 1.46. The company has a market cap of £2.21 million, a price-to-earnings ratio of -0.44 and a beta of 0.21.

Huddled Group (LON:HUD) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported GBX (1.11) earnings per share (EPS) for the quarter. Huddled Group had a negative return on equity of 100.32% and a negative net margin of 22.43%.The firm had revenue of GBX 1,865 million during the quarter.

About Huddled Group

Huddled Group Plc is a dynamic e-commerce retail group specialising in surplus goods and operating a portfolio of socially and environmentally responsible businesses that serve customers across the UK.

With a proven track record in creating, nurturing, and growing successful businesses, Huddled Group is committed to driving sustainable growth. Its mission is to be a force for good—delivering value to shareholders while making a positive social and environmental impact.

Since launching in 2023, we have experienced rapid growth, acquiring three emerging businesses, each specialising in a different FMCG retail sector: Discount Dragon (Groceries and Alcohol), Nutricircle (Wellness and Sports Nutrition), and Boop Beauty (Beauty and Cosmetics).