Ceres Power Holdings plc (LON:CWR - Get Free Report) shares rose 14.5% during trading on Wednesday . The company traded as high as GBX 116.20 ($1.57) and last traded at GBX 115 ($1.55). Approximately 13,008,398 shares were traded during trading, an increase of 752% from the average daily volume of 1,527,380 shares. The stock had previously closed at GBX 100.40 ($1.35).
Ceres Power Price Performance
The business's 50-day moving average price is GBX 111.38 and its 200 day moving average price is GBX 84.06. The stock has a market capitalization of £280.65 million, a PE ratio of -989.07 and a beta of 1.60. The company has a debt-to-equity ratio of 1.54, a quick ratio of 12.18 and a current ratio of 6.48.
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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