Huddled Group (LON:HUD) Trading Down 1.6% – What’s Next?

Shares of Huddled Group Plc (LON:HUD) fell 1.6% during trading on Tuesday . The company traded as low as GBX 2.95 ($0.04) and last traded at GBX 3.05 ($0.04). 1,337,518 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 743,766 shares. The stock had previously closed at GBX 3.10 ($0.04).

Huddled Group Stock Down 1.6 %

The stock has a market capitalization of £9.77 million, a PE ratio of -305.00 and a beta of 2.30. The firm’s fifty day moving average price is GBX 3.17 and its two-hundred day moving average price is GBX 2.99.

Insiders Place Their Bets

In other Huddled Group news, insider Martin Higginson sold 31,396,932 shares of the stock in a transaction dated Monday, October 28th. The stock was sold at an average price of GBX 3 ($0.04), for a total value of £941,907.96 ($1,195,314.67). 57.38% of the stock is currently owned by insiders.

Huddled Group Company Profile

Huddled Group Plc engages in the production of virtual reality (VR) experiences to partner sites on a revenue share basis. It offers solutions for edutainment, and leisure and entertainment industries, as well as sells virtual and augmented reality consumer products. The company is also involved in the design and development of software; and provision of in-home virtual reality equipment and experiences, as well as location-based entertainment services.