ITM Power Plc (LON:ITM - Get Free Report) insider Dennis Schulz bought 340 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The stock was acquired at an average cost of GBX 44 ($0.59) per share, with a total value of £149.60 ($200.62).
ITM Power Trading Up 5.0%
ITM stock traded up GBX 2.30 ($0.03) during mid-day trading on Wednesday, reaching GBX 48.35 ($0.65). 3,548,195 shares of the stock traded hands, compared to its average volume of 3,885,039. The company has a debt-to-equity ratio of 4.73, a quick ratio of 7.56 and a current ratio of 4.17. ITM Power Plc has a one year low of GBX 25.08 ($0.34) and a one year high of GBX 71.80 ($0.96). The stock has a market capitalization of £301.30 million, a PE ratio of -11.06 and a beta of 2.03. The business has a 50-day moving average price of GBX 31.83 and a two-hundred day moving average price of GBX 33.71.
Analyst Ratings Changes
Separately, Berenberg Bank reiterated a "hold" rating and set a GBX 59 ($0.79) price objective on shares of ITM Power in a research report on Thursday, May 8th.
Get Our Latest Stock Analysis on ITM Power
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.
Further Reading
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