ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne bought 190 shares of ITM Power stock in a transaction dated Tuesday, July 15th. The stock was acquired at an average price of GBX 79 ($1.06) per share, with a total value of £150.10 ($201.48).
Simon Bourne also recently made the following trade(s):
- On Friday, June 13th, Simon Bourne bought 212 shares of ITM Power stock. The stock was purchased at an average cost of GBX 71 ($0.95) per share, with a total value of £150.52 ($202.04).
- On Thursday, May 15th, Simon Bourne acquired 340 shares of ITM Power stock. The stock was bought at an average price of GBX 44 ($0.59) per share, for a total transaction of £149.60 ($200.81).
ITM Power Stock Performance
ITM traded up GBX 1.40 ($0.02) during mid-day trading on Friday, reaching GBX 76.10 ($1.02). 2,619,089 shares of the company traded hands, compared to its average volume of 4,545,434. The company has a quick ratio of 7.56, a current ratio of 4.17 and a debt-to-equity ratio of 4.73. 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 stock has a market capitalization of £474.23 million, a P/E ratio of -17.41 and a beta of 2.03. The company's fifty day moving average price is GBX 69.05 and its 200-day moving average price is GBX 44.58.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "hold" rating and set a GBX 59 ($0.79) price objective on shares of ITM Power in a research note on Thursday, May 8th.
View Our Latest Stock Analysis on ITM Power
About ITM Power
(
Get Free Report)
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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