ITM Power Plc (LON:ITM - Get Free Report) insider Dennis Schulz bought 434 shares of the business's stock in a transaction on Friday, February 14th. The stock was purchased at an average price of GBX 35 ($0.44) per share, for a total transaction of £151.90 ($191.62).
ITM Power Stock Performance
Shares of ITM Power stock traded up GBX 1.22 ($0.02) on Wednesday, hitting GBX 34.70 ($0.44). The stock had a trading volume of 2,719,834 shares, compared to its average volume of 2,836,305. The stock has a market cap of £216.24 million, a price-to-earnings ratio of -7.94 and a beta of 2.03. The business's 50 day moving average is GBX 35.69 and its two-hundred day moving average is GBX 41.60. The company has a quick ratio of 7.56, a current ratio of 4.17 and a debt-to-equity ratio of 4.73. ITM Power Plc has a twelve month low of GBX 32.20 ($0.41) and a twelve month high of GBX 71.80 ($0.91).
ITM Power (LON:ITM - Get Free Report) last posted its quarterly earnings data 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%. Analysts forecast that ITM Power Plc will post -8.9214682 EPS for the current year.
Analyst Ratings Changes
ITM has been the subject of a number of analyst reports. Royal Bank of Canada reissued an "outperform" rating and issued a GBX 70 ($0.88) price objective on shares of ITM Power in a research report on Friday, December 6th. Berenberg Bank reiterated a "hold" rating and set a GBX 59 ($0.74) price target on shares of ITM Power in a report on Thursday, December 5th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 60 ($0.76) price objective on shares of ITM Power in a research report on Friday, December 6th.
Check Out Our Latest Report on ITM
ITM Power Company Profile
(
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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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