Hydrogen Utopia International (LON:HUI) Sets New 12-Month Low – Should You Sell?

Hydrogen Utopia International PLC (LON:HUI)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 2.39 ($0.03), with a volume of 14506 shares trading hands. The stock had previously closed at GBX 2.38 ($0.03).

Hydrogen Utopia International Stock Performance

The company’s 50-day moving average price is GBX 2.89 and its 200 day moving average price is GBX 4.11. The stock has a market cap of £9.21 million, a PE ratio of -472.50 and a beta of 1.37.

Insider Buying and Selling at Hydrogen Utopia International

In related news, insider Howard White acquired 500,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was bought at an average cost of GBX 3 ($0.04) per share, for a total transaction of £15,000 ($18,661.36). 12.97% of the stock is owned by corporate insiders.

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.