Free Trial

Ceres Power (LON:CWR) Trading Up 14.5% - Should You Buy?

Ceres Power logo with Industrials background

Key Points

  • Ceres Power's stock price surged 14.5% to GBX 115 ($1.57) with a significant trading volume increase of 752% compared to its average.
  • The company has a robust financial position, evidenced by a current ratio of 6.48 and a quick ratio of 12.18, though it currently has a P/E ratio of -785.52.
  • Ceres Power is recognized for its clean energy technology, focusing on green hydrogen production and efficient fuel cells, with established partnerships with major global companies.
  • MarketBeat previews the top five stocks to own by October 1st.

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

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Ceres Power Right Now?

Before you consider Ceres Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ceres Power wasn't on the list.

While Ceres Power currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.