Hydrogen Utopia International PLC (LON:HUI – Get Free Report) rose 11.6% 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 changed hands during 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 bought 500,000 shares of Hydrogen Utopia International stock in a transaction on Friday, December 27th. The shares were purchased at an average price of GBX 3 ($0.04) per share, for a total transaction of £15,000 ($18,870.30).
Hydrogen Utopia International Trading Up 11.6 %
The company has a market capitalization of £11.57 million, a P/E 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 200 day moving average price of GBX 4.82.
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.
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