ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne acquired 190 shares of the firm's stock in a transaction dated Tuesday, July 15th. The shares were purchased at an average price of GBX 79 ($1.06) per share, for a total transaction of £150.10 ($201.56).
Simon Bourne also recently made the following trade(s):
- On Friday, June 13th, Simon Bourne bought 212 shares of ITM Power stock. The shares were bought at an average cost of GBX 71 ($0.95) per share, with a total value of £150.52 ($202.12).
- On Thursday, May 15th, Simon Bourne bought 340 shares of ITM Power stock. The shares were bought at an average cost of GBX 44 ($0.59) per share, with a total value of £149.60 ($200.89).
ITM Power Price Performance
Shares of LON:ITM traded up GBX 0.30 ($0.00) on Friday, reaching GBX 75 ($1.01). The company's stock had a trading volume of 3,465,108 shares, compared to its average volume of 4,551,565. ITM Power Plc has a 52-week low of GBX 25.08 ($0.34) and a 52-week high of GBX 98.45 ($1.32). The company has a market cap of £467.37 million, a P/E ratio of -17.16 and a beta of 2.03. The company has a 50-day simple moving average of GBX 68.24 and a 200 day simple moving average of GBX 44.30. The company has a debt-to-equity ratio of 4.73, a quick ratio of 7.56 and a current ratio of 4.17.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a "hold" rating and set a GBX 59 ($0.79) target price on shares of ITM Power in a research note on Thursday, May 8th.
Check Out Our Latest Report on ITM
About ITM Power
(
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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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