Ceres Power Holdings plc (LON:CWR - Get Free Report) shares crossed 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 ($1.09). Ceres Power shares last traded at GBX 85.31 ($1.17), with a volume of 1,118,019 shares changing hands.
Ceres Power Stock Up 7.8%
The company has a debt-to-equity ratio of 1.54, a current ratio of 6.48 and a quick ratio of 12.18. The company has a fifty day moving average price of GBX 71.71 and a 200 day moving average price of GBX 99.84. The company has a market cap of £166.30 million, a PE ratio of -4.12 and a beta of 1.60.
Insiders Place Their Bets
In other news, insider Stuart Paynter bought 33,166 shares of the company's stock in a transaction that occurred on Friday, April 25th. The stock was bought at an average price of GBX 60 ($0.82) per share, for a total transaction of £19,899.60 ($27,308.36). Corporate insiders own 40.29% of the company's stock.
About Ceres Power
(
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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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