Ceres Power Holdings plc (LON:CWR - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99.84 ($1.37) and traded as low as GBX 79.75 ($1.10). Ceres Power shares last traded at GBX 85.31 ($1.17), with a volume of 1,118,019 shares.
Ceres Power Price Performance
The company has a fifty day simple moving average of GBX 72.85 and a two-hundred day simple moving average of GBX 98.15. 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 company has a market capitalization of £165.11 million, a price-to-earnings ratio of -4.10 and a beta of 1.60.
Insider Activity
In other news, insider Stuart Paynter purchased 33,166 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average cost of GBX 60 ($0.82) per share, for a total transaction of £19,899.60 ($27,345.88). 40.29% of the stock is owned by corporate insiders.
Ceres Power Company Profile
(
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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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