Huddled Group (LON:HUD) Trading Down 1.6% – Here’s Why

Huddled Group Plc (LON:HUDGet Free Report)’s share price traded down 1.6% on Tuesday . The stock traded as low as GBX 2.95 ($0.04) and last traded at GBX 3.05 ($0.04). 1,337,518 shares were traded during mid-day trading, an increase of 80% from the average session volume of 743,766 shares. The stock had previously closed at GBX 3.10 ($0.04).

Huddled Group Trading Down 1.6 %

The stock has a 50 day simple moving average of GBX 3.17 and a 200-day simple moving average of GBX 2.99. The firm has a market cap of £9.77 million, a PE ratio of -305.00 and a beta of 2.30.

Insider Buying and Selling

In related news, insider Martin Higginson sold 31,396,932 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 3 ($0.04), for a total transaction of £941,907.96 ($1,195,314.67). 57.38% of the stock is currently owned by company insiders.

About Huddled Group

(Get Free Report)

Huddled Group Plc engages in the production of virtual reality (VR) experiences to partner sites on a revenue share basis. It offers solutions for edutainment, and leisure and entertainment industries, as well as sells virtual and augmented reality consumer products. The company is also involved in the design and development of software; and provision of in-home virtual reality equipment and experiences, as well as location-based entertainment services.

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