ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne purchased 528 shares of the company's stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of GBX 28 ($0.36) per share, for a total transaction of £147.84 ($192.32).
Simon Bourne also recently made the following trade(s):
- On Wednesday, January 15th, Simon Bourne purchased 792 shares of ITM Power stock. The stock was bought at an average cost of GBX 38 ($0.49) per share, for a total transaction of £300.96 ($391.52).
ITM Power Stock Performance
ITM traded down GBX 1.28 ($0.02) during mid-day trading on Thursday, reaching GBX 28 ($0.36). 1,996,420 shares of the company traded hands, compared to its average volume of 4,446,333. The stock has a market capitalization of £174.49 million, a P/E ratio of -6.41 and a beta of 2.03. 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's fifty day moving average price is GBX 32.82 and its 200-day moving average price is GBX 38.28. ITM Power Plc has a 52-week low of GBX 25.08 ($0.33) and a 52-week 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 net margin of 164.90% and a negative return on equity of 9.97%. On average, sell-side analysts expect that ITM Power Plc will post -8.9214682 EPS for the current year.
Wall Street Analyst Weigh In
ITM has been the subject of a number of recent analyst reports. Jefferies Financial Group restated a "buy" rating and issued a GBX 60 ($0.78) price objective on shares of ITM Power in a report on Friday, December 6th. Royal Bank of Canada restated an "outperform" rating and issued a GBX 70 ($0.91) price objective on shares of ITM Power in a report on Friday, December 6th. Finally, Berenberg Bank restated a "hold" rating and issued a GBX 59 ($0.77) price objective on shares of ITM Power in a report on Thursday, December 5th.
View Our Latest Stock Analysis on ITM Power
About ITM Power
(
Get Free Report)
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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