Simon Bourne Acquires 520 Shares of ITM Power Plc (LON:ITM) Stock

ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne acquired 520 shares of the firm's stock in a transaction on Tuesday, April 15th. The shares were purchased at an average cost of GBX 29 ($0.39) per share, for a total transaction of £150.80 ($201.79).

Simon Bourne also recently made the following trade(s):

• On Friday, March 14th, Simon Bourne purchased 528 shares of ITM Power stock. The shares were acquired at an average price of GBX 28 ($0.37) per share, for a total transaction of £147.84 ($197.83).

ITM Power Price Performance

Shares of ITM stock traded up GBX 2.38 ($0.03) during trading hours on Tuesday, hitting GBX 31.23 ($0.42). 9,660,370 shares of the company's stock were exchanged, compared to its average volume of 3,982,744. The stock's 50-day moving average is GBX 28.80 and its 200-day moving average is GBX 34.61. The company has a debt-to-equity ratio of 4.73, a current ratio of 4.17 and a quick ratio of 7.56. ITM Power Plc has a 52 week low of GBX 25.08 ($0.34) and a 52 week high of GBX 71.80 ($0.96). The stock has a market cap of £194.61 million, a price-to-earnings ratio of -7.14 and a beta of 2.03.

ITM Power (LON:ITM - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported GBX (4.70) (($0.06)) earnings per share for the quarter. ITM Power had a negative return on equity of 9.97% and a negative net margin of 164.90%. As a group, research analysts forecast that ITM Power Plc will post -8.9214682 EPS for the current year.

ITM Power Company Profile

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.