Hydrogen Utopia International (LON:HUI) Shares Down 18.2% – Here’s Why

Hydrogen Utopia International PLC (LON:HUI)’s stock price dropped 18.2% during mid-day trading on Monday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.53 ($0.02). Approximately 486,555 shares were traded during trading, an increase of 407% from the average daily volume of 96,048 shares. The stock had previously closed at GBX 1.87 ($0.02).

Hydrogen Utopia International Stock Down 18.2 %

The stock has a market capitalization of £5.96 million, a P/E ratio of -5.64 and a beta of 1.37. The firm’s 50-day simple moving average is GBX 2.22 and its 200 day simple moving average is GBX 3.01.

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.