Dennis Schulz Purchases 190 Shares of ITM Power Plc (LON:ITM) Stock

ITM Power Plc (LON:ITM - Get Free Report) insider Dennis Schulz purchased 190 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The stock was bought at an average price of GBX 79 ($1.06) per share, for a total transaction of £150.10 ($201.48).

Dennis Schulz also recently made the following trade(s):

• On Friday, June 13th, Dennis Schulz purchased 212 shares of ITM Power stock. The stock was bought at an average price of GBX 71 ($0.95) per share, for a total transaction of £150.52 ($202.04).
• On Thursday, May 15th, Dennis Schulz bought 340 shares of ITM Power stock. The shares were acquired at an average price of GBX 44 ($0.59) per share, for a total transaction of £149.60 ($200.81).

ITM Power Trading Up 1.9%

Shares of ITM traded up GBX 1.40 ($0.02) during trading hours on Friday, hitting GBX 76.10 ($1.02). 2,619,089 shares of the stock were exchanged, compared to its average volume of 4,545,434. ITM Power Plc has a fifty-two week low of GBX 25.08 ($0.34) and a fifty-two week high of GBX 98.45 ($1.32). The company has a debt-to-equity ratio of 4.73, a current ratio of 4.17 and a quick ratio of 7.56. The business has a 50-day moving average of GBX 69.05 and a 200-day moving average of GBX 44.58. The firm has a market capitalization of £474.23 million, a P/E ratio of -17.41 and a beta of 2.03.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "hold" rating and set a GBX 59 ($0.79) price target on shares of ITM Power in a report on Thursday, May 8th.

ITM Power Company Profile

ITM Power was founded in 2000, and ITM Power PLC was admitted to the London Stock Exchange's AIM market in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.