Ceres Power Holdings plc (LON:CWR - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 196.17 ($2.42) and traded as low as GBX 180 ($2.22). Ceres Power shares last traded at GBX 182.30 ($2.25), with a volume of 526,526 shares trading hands.
Ceres Power Stock Performance
The company has a quick ratio of 12.18, a current ratio of 6.48 and a debt-to-equity ratio of 1.54. The firm has a market capitalization of £335.83 million, a P/E ratio of -826.19 and a beta of 1.60. The company's 50 day moving average is GBX 173.03 and its 200-day moving average is GBX 196.01.
Insider Transactions at Ceres Power
In other news, insider Dame Julia King bought 30,200 shares of the stock in a transaction dated Thursday, November 28th. The shares were bought at an average cost of GBX 165 ($2.04) per share, with a total value of £49,830 ($61,594.56). Insiders own 40.29% of the company's stock.
Ceres Power Company Profile
(
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Ceres Power Holdings plc engages in the development and commercialization of fuel cell and electrochemical technology in Europe, Asia, North America, and internationally. The company's technology includes Ceres Power, a solid oxide fuel cell technology used for distributed power generation, commercial power, and marine and motive power sectors; and Ceres Hydrogen, a solid oxide electrolyser cell SOEC technology to produce green hydrogen.
Further Reading
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