ITM Power Plc (LON:ITM - Get Free Report) insider Amy Grey purchased 102,455 shares of ITM Power stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of GBX 29 ($0.37) per share, for a total transaction of £29,711.95 ($38,298.47).
ITM Power Trading Down 2.9 %
LON ITM traded down GBX 0.82 ($0.01) during trading on Thursday, hitting GBX 27.16 ($0.35). The stock had a trading volume of 2,431,195 shares, compared to its average volume of 2,827,742. The company has a quick ratio of 7.56, a current ratio of 4.17 and a debt-to-equity ratio of 4.73. The company has a market capitalization of £169.25 million, a PE ratio of -6.21 and a beta of 2.03. The firm has a 50 day moving average price of GBX 34.80 and a 200 day moving average price of GBX 39.97. ITM Power Plc has a twelve month low of GBX 26.60 ($0.34) and a twelve month high of GBX 71.80 ($0.93).
ITM Power (LON:ITM - Get Free Report) last announced its earnings results on Friday, January 31st. The company reported GBX (4.70) (($0.06)) earnings per share for the quarter. ITM Power had a negative return on equity of 9.97% and a negative net margin of 164.90%. As a group, equities research analysts forecast that ITM Power Plc will post -8.9214682 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 59 ($0.76) price target on shares of ITM Power in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a GBX 70 ($0.90) target price on shares of ITM Power in a research report on Friday, December 6th. Finally, Jefferies Financial Group reiterated a "buy" rating and set a GBX 60 ($0.77) price target on shares of ITM Power in a research report on Friday, December 6th.
Check Out Our Latest Stock Report on ITM Power
About ITM Power
(
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ITM Power was founded in 2000, and ITM Power PLC was admitted to the London Stock Exchange's AIM market in 2004.
Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.
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