Ceres Power Holdings plc (LON:CWR - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 195.78 ($2.40) and traded as low as GBX 160.10 ($1.96). Ceres Power shares last traded at GBX 168 ($2.06), with a volume of 467,882 shares trading hands.
Ceres Power Stock Down 0.6 %
The company has a market capitalization of £323.25 million, a P/E ratio of -795.24 and a beta of 1.60. The company has a debt-to-equity ratio of 1.54, a current ratio of 6.48 and a quick ratio of 12.18. The company has a 50 day moving average of GBX 170.26 and a 200-day moving average of GBX 195.58.
Insider Transactions at Ceres Power
In related news, insider Dame Julia King acquired 30,200 shares of the firm's stock in a transaction on Thursday, November 28th. The stock was acquired at an average cost of GBX 165 ($2.02) per share, for a total transaction of £49,830 ($60,991.43). Corporate insiders own 40.29% of the company's stock.
About Ceres Power
(
Get Free Report)
Ceres is a leading developer of clean energy technology: electrolysis for the creation of green hydrogen and fuel
cells for power generation. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Bosch, Doosan, Delta and Weichai. Ceres' solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high-efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels.
Featured Articles
Before you consider Ceres Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ceres Power wasn't on the list.
While Ceres Power currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
