Huddled Group (LON:HUD) Shares Up 7.8% – Here’s Why

Huddled Group Plc (LON:HUD)’s share price rose 7.8% on Thursday . The stock traded as high as GBX 3.13 ($0.04) and last traded at GBX 3.13 ($0.04). Approximately 513,120 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 722,387 shares. The stock had previously closed at GBX 2.90 ($0.04).

Huddled Group Stock Up 9.7 %

The firm has a market capitalization of £10.89 million, a PE ratio of -340.00 and a beta of 2.30. The firm’s 50-day simple moving average is GBX 3.09 and its 200-day simple moving average is GBX 3.08.

Insider Activity at Huddled Group

In other Huddled Group news, insider Martin Higginson sold 31,396,932 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £941,907.96 ($1,170,072.00). 57.38% of the stock is currently owned by company insiders.

Huddled Group Company Profile

We are dedicated to delivering exceptional value and efficiency in the ever-expanding realm of e-commerce.

Our mission is to launch and cultivate innovative, hyper-relevant businesses that not only meet the evolving needs of our customers but also maximise shareholder value.

Through strategic investments, continuous innovation, and a customer-centric approach; combined with a management team with a track-record of successfully launching, building and exiting businesses in the Technology, Media and Telecom sector we ensure that our businesses stay at the forefront of their respective industries, and not only meet the evolving needs of our customers but also maximise shareholder value.