ITM Power Plc (LON:ITM - Get Free Report) insider Dennis Schulz acquired 212 shares of the company's stock in a transaction dated Friday, June 13th. The stock was acquired at an average price of GBX 71 ($0.96) per share, for a total transaction of £150.52 ($203.93).
Dennis Schulz also recently made the following trade(s):
- On Thursday, May 15th, Dennis Schulz bought 340 shares of ITM Power stock. The stock was purchased at an average price of GBX 44 ($0.60) per share, with a total value of £149.60 ($202.68).
ITM Power Stock Up 1.1%
Shares of ITM Power stock traded up GBX 0.80 ($0.01) on Monday, hitting GBX 73.40 ($0.99). 2,471,566 shares of the company traded hands, compared to its average volume of 4,671,966. The company has a 50-day moving average price of GBX 43.91 and a 200 day moving average price of GBX 36.74. ITM Power Plc has a 12-month low of GBX 25.08 ($0.34) and a 12-month high of GBX 94.80 ($1.28). The company has a quick ratio of 7.56, a current ratio of 4.17 and a debt-to-equity ratio of 4.73. The company has a market cap of £457.40 million, a PE ratio of -16.79 and a beta of 2.03.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a "hold" rating and set a GBX 59 ($0.80) price objective on shares of ITM Power in a research note on Thursday, May 8th.
Check Out Our Latest Report on ITM
ITM Power Company Profile
(
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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.
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