Shares of Ceres Power Holdings plc (LON:CWR – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 195.78 ($2.38) and traded as low as GBX 160.10 ($1.95). Ceres Power shares last traded at GBX 168 ($2.04), with a volume of 467,882 shares trading hands.
Ceres Power Trading Down 0.4 %
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 company’s 50 day moving average price is GBX 169.84 and its two-hundred day moving average price is GBX 195.22. The firm has a market cap of £322.08 million, a PE ratio of -792.38 and a beta of 1.60.
Insider Buying and Selling at Ceres Power
In other news, insider Dame Julia King bought 30,200 shares of the firm’s stock in a transaction on Thursday, November 28th. The stock was acquired at an average cost of GBX 165 ($2.01) per share, with a total value of £49,830 ($60,627.81). 40.29% of the stock is owned by corporate insiders.
Ceres Power Company Profile
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.
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