Ceres Power Holdings plc (LON:CWR - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 194.23 ($2.40) and traded as low as GBX 149.70 ($1.85). Ceres Power shares last traded at GBX 150.90 ($1.86), with a volume of 530,275 shares traded.
Ceres Power Stock Down 1.1 %
The firm has a market capitalization of £288.99 million, a price-to-earnings ratio of -710.95 and a beta of 1.60. The company has a debt-to-equity ratio of 1.54, a quick ratio of 12.18 and a current ratio of 6.48. The business's 50 day moving average is GBX 168.43 and its 200-day moving average is GBX 194.23.
Insider Buying and Selling
In related news, insider Dame Julia King bought 30,200 shares of the company's stock in a transaction dated Thursday, November 28th. The stock was acquired at an average cost of GBX 165 ($2.04) per share, with a total value of £49,830 ($61,548.91). 40.29% of the stock is currently owned by insiders.
About Ceres Power
(
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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.
Further Reading
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