Hydrogen Utopia International (LON:HUI) Shares Down 3.9% – Time to Sell?

Hydrogen Utopia International PLC (LON:HUI) dropped 3.9% during trading on Monday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.70 ($0.05). Approximately 38,703 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 111,448 shares. The stock had previously closed at GBX 3.85 ($0.05).

Hydrogen Utopia International Stock Down 3.9 %

The business’s fifty day moving average is GBX 3.94 and its 200 day moving average is GBX 5.56. The stock has a market cap of £14.26 million, a PE ratio of -472.50 and a beta of 1.37.

Insider Transactions at Hydrogen Utopia International

In other news, insider Howard White purchased 500,000 shares of the business’s stock in a transaction dated Wednesday, August 28th. The stock was acquired at an average price of GBX 5 ($0.06) per share, with a total value of £25,000 ($31,399.15). Corporate insiders own 12.97% of the company’s stock.

Hydrogen Utopia International Company Profile

Hydrogen Utopia International PLC, together with its subsidiaries, develops and utilizes non-recyclable waste plastics for hydrogen technology. The company provides alternative energy sources, such as hydrogen and electricity that are not dependent upon the use of coal, gas, oil, and fossil fuel-derived electricity.