Ceres Power (LON:CWR) Insider Sells £2,842,166.80 in Stock

Key Points

• Philip Caldwell, an insider at Ceres Power, sold 456,940 shares on April 30 at an average price of GBX 622, netting £2,842,166.80.
• Ceres Power shares traded at GBX 628 midday with a market cap of £1.22bn and a 12‑month range of GBX 58.55–656, while analysts hold an average "Buy" rating with an average price target of GBX 505.
• The company reported a negative quarterly EPS (GBX −24.52), negative return on equity (−39.26%) and net margin (−145.65%), though it markets fuel cells and electrolysers via an asset‑light licensing model and partnerships with firms such as Shell, Denso and Doosan.

Ceres Power Holdings plc (LON:CWR - Get Free Report) insider Philip Caldwell sold 456,940 shares of the firm's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of GBX 622, for a total value of £2,842,166.80.

Ceres Power Price Performance

Ceres Power stock traded up GBX 9 during midday trading on Friday, hitting GBX 628. The company's stock had a trading volume of 8,546,850 shares, compared to its average volume of 8,147,741. Ceres Power Holdings plc has a 12 month low of GBX 58.55 and a 12 month high of GBX 656. The company has a quick ratio of 12.18, a current ratio of 3.27 and a debt-to-equity ratio of 2.24. The company has a market capitalization of £1.22 billion, a PE ratio of -25.61 and a beta of 2.90. The stock's 50-day moving average price is GBX 355.70 and its 200-day moving average price is GBX 313.99.

Ceres Power (LON:CWR - Get Free Report) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX (24.52) earnings per share (EPS) for the quarter. Ceres Power had a negative return on equity of 39.26% and a negative net margin of 145.65%. Analysts anticipate that Ceres Power Holdings plc will post -12.4426979 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on CWR. Berenberg Bank reiterated a "buy" rating and set a GBX 530 price objective on shares of Ceres Power in a research report on Thursday, March 26th. Jefferies Financial Group lifted their target price on Ceres Power from GBX 460 to GBX 480 and gave the stock a "buy" rating in a report on Thursday, April 16th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of GBX 505.

Ceres Power Company Profile

Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems, including AI data centres, commercial and industrial applications, and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels.

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