ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne bought 235 shares of the firm's stock in a transaction on Monday, September 15th. The shares were purchased at an average price of GBX 64 per share, for a total transaction of £150.40.
Simon Bourne also recently made the following trade(s):
- On Friday, August 15th, Simon Bourne acquired 224 shares of ITM Power stock. The shares were purchased at an average cost of GBX 67 per share, with a total value of £150.08.
- On Tuesday, July 15th, Simon Bourne bought 190 shares of ITM Power stock. The shares were acquired at an average price of GBX 79 per share, with a total value of £150.10.
ITM Power Stock Up 7.2%
Shares of ITM stock traded up GBX 5.09 on Monday, hitting GBX 76.20. The stock had a trading volume of 5,617,860 shares, compared to its average volume of 4,337,438. 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 business has a 50 day moving average price of GBX 66.76 and a 200 day moving average price of GBX 54.53. The company has a market cap of £469.52 million, a PE ratio of -1,029.73 and a beta of 2.03. ITM Power Plc has a one year low of GBX 25.08 and a one year high of GBX 98.45.
ITM Power (LON:ITM - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported GBX (7.40) EPS for the quarter. ITM Power had a negative net margin of 164.90% and a negative return on equity of 9.97%. Research analysts anticipate that ITM Power Plc will post -8.9214682 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
ITM has been the subject of several recent research reports. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of ITM Power in a research note on Monday, July 28th. Berenberg Bank reissued a "buy" rating and set a GBX 100 target price on shares of ITM Power in a research report on Thursday, August 14th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 76.67.
Read Our Latest Research 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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