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Fusion Fuel Green (NASDAQ:HTOOW) Trading Up 2.4%

Defense World ·  Apr 7, 2023 15:33

Fusion Fuel Green PLC (NASDAQ:HTOOW – Get Rating) shares were up 2.4% on Thursday . The stock traded as high as $0.28 and last traded at $0.27. Approximately 5,377 shares changed hands during trading, a decline of 10% from the average daily volume of 5,977 shares. The stock had previously closed at $0.27.

Fusion Fuel Green Stock Performance

The company's fifty day simple moving average is $0.62 and its two-hundred day simple moving average is $0.91.

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Institutional Investors Weigh In On Fusion Fuel Green

An institutional investor recently raised its position in Fusion Fuel Green stock. Premier Fund Managers Ltd increased its position in Fusion Fuel Green PLC (NASDAQ:HTOOW – Get Rating) by 5,800.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 885,000 shares of the company's stock after purchasing an additional 870,000 shares during the period. Fusion Fuel Green makes up approximately 1.8% of Premier Fund Managers Ltd's holdings, making the stock its 21st biggest position. Premier Fund Managers Ltd's holdings in Fusion Fuel Green were worth $46,869,000 at the end of the most recent reporting period.

Fusion Fuel Green Company Profile

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Fusion Fuel Green PLC focuses on the production of hydrogen in Portugal, Southern Europe, and Morocco. The company intends to provide hydrogen generators to clients that operate their own green hydrogen plants; green hydrogen as an output from green hydrogen plants; and operational and monitoring services of green hydrogen plants using fusion fuel hydrogen generators.

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