Ceres Power Holdings plc (LON:CWR) Insider Dame Julia King Purchases 30,200 Shares

Ceres Power Holdings plc (LON:CWR) insider Dame Julia King bought 30,200 shares of the business’s stock in a transaction that occurred on Thursday, November 28th. The stock was purchased at an average cost of GBX 165 ($2.10) per share, with a total value of £49,830 ($63,469.62).

Ceres Power Trading Up 0.6 %

LON:CWR opened at GBX 166.10 ($2.12) on Friday. Ceres Power Holdings plc has a one year low of GBX 126.40 ($1.61) and a one year high of GBX 312 ($3.97). 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 stock has a market cap of £321.50 million, a price-to-earnings ratio of -790.95 and a beta of 1.60. The business’s 50-day simple moving average is GBX 213.19 and its 200 day simple moving average is GBX 202.06.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 650 ($8.28) price target on shares of Ceres Power in a research report on Tuesday, August 6th.

Ceres Power Company Profile

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.