Huddled Group (LON:HUD) Stock Price Up 9.1% – What’s Next?

Huddled Group Plc (LON:HUD) shares traded up 9.1% during mid-day trading on Friday . The stock traded as high as GBX 3.65 ($0.05) and last traded at GBX 3.60 ($0.05). 1,859,408 shares changed hands during trading, an increase of 153% from the average session volume of 734,289 shares. The stock had previously closed at GBX 3.30 ($0.04).

Huddled Group Stock Up 9.1 %

The firm has a market cap of £11.53 million, a price-to-earnings ratio of -360.00 and a beta of 2.30. The company’s 50-day moving average price is GBX 3.10 and its 200-day moving average price is GBX 3.07.

Insider Activity at Huddled Group

In other Huddled Group news, insider Martin Higginson sold 31,396,932 shares of Huddled Group 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 ($1,188,827.41). 57.38% of the stock is currently owned by corporate insiders.

About Huddled Group

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.