Ceres Power Holdings plc (LON:CWR - Get Free Report)'s share price hit a new 52-week low on Monday . The company traded as low as GBX 126.40 ($1.57) and last traded at GBX 137.40 ($1.71), with a volume of 1228667 shares. The stock had previously closed at GBX 139 ($1.73).
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 800 ($9.96) price objective on shares of Ceres Power in a research note on Monday.
Read Our Latest Report on CWR
Ceres Power Price Performance
The stock's 50 day moving average price is GBX 156.07 and its two-hundred day moving average price is GBX 187.75. The company has a debt-to-equity ratio of 1.37, a current ratio of 8.24 and a quick ratio of 12.18. The firm has a market capitalization of £265.21 million, a price-to-earnings ratio of -528.46 and a beta of 1.53.
Insider Activity at Ceres Power
In related news, insider Karen Bomba bought 12,121 shares of the business's stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average cost of GBX 231 ($2.88) per share, for a total transaction of £27,999.51 ($34,855.61). In related news, insider Karen Bomba acquired 12,121 shares of the firm's stock in a transaction on Monday, January 29th. The shares were bought at an average cost of GBX 231 ($2.88) per share, with a total value of £27,999.51 ($34,855.61). Also, insider Warren Finegold purchased 20,052 shares of the firm's stock in a transaction that occurred on Thursday, February 1st. The stock was bought at an average cost of GBX 225 ($2.80) per share, for a total transaction of £45,117 ($56,164.57). Corporate insiders own 39.65% of the company's stock.
About Ceres Power
(
Get Free Report)
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a solid oxide fuel cell that generates power from conventional and sustainable fuels, such as natural gas, biogas, ethanol, and hydrogen.
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