Hydrogen Utopia International PLC (LON:HUI – Get Free Report) shares rose 11.6% during mid-day trading on Monday following insider buying activity. The company 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 Hydrogen Utopia International stock in a transaction that occurred on Friday, December 27th. The stock was acquired at an average cost of GBX 3 ($0.04) per share, for a total transaction of £15,000 ($18,820.58).
Hydrogen Utopia International Stock Up 11.2 %
The business’s 50-day moving average price is GBX 3.48 and its 200 day moving average price is GBX 4.82. The company has a market capitalization of £11.52 million, a P/E ratio of -472.50 and a beta of 1.37.
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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