Hydrogen Utopia International PLC (LON:HUI – Get Free Report) rose 11.6% on Monday after an insider bought additional shares in the company. The stock traded as high as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). Approximately 416,916 shares traded hands during mid-day trading, an increase of 245% from the average daily volume of 120,964 shares. The stock had previously closed at GBX 2.69 ($0.03).
Specifically, insider Howard White acquired 500,000 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was purchased at an average cost of GBX 3 ($0.04) per share, with a total value of £15,000 ($18,820.58).
Hydrogen Utopia International Stock Performance
The stock has a market cap of £11.52 million, a PE ratio of -472.50 and a beta of 1.37. The business has a 50 day moving average price of GBX 3.48 and a two-hundred day moving average price of GBX 4.82.
About Hydrogen Utopia International
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.
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