Hydrogen Utopia International (LON:HUI) Trading Up 11.6% After Insider Buying Activity

Hydrogen Utopia International PLC (LON:HUI) shares traded up 11.6% during trading on Monday following insider buying activity. The stock traded as high as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). 416,916 shares traded hands during mid-day trading, an increase of 245% from the average session 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 the 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, with a total value of £15,000 ($18,870.30).

Hydrogen Utopia International Price Performance

The stock has a market cap of £11.57 million, a P/E ratio of -472.50 and a beta of 1.37. The stock’s 50 day simple moving average is GBX 3.48 and its two-hundred day simple moving average is 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.