ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne bought 224 shares of the stock in a transaction dated Friday, August 15th. The stock was purchased at an average cost of GBX 67 per share, for a total transaction of £150.08.
Simon Bourne also recently made the following trade(s):
- On Tuesday, July 15th, Simon Bourne bought 190 shares of ITM Power stock. The stock was purchased at an average cost of GBX 79 per share, for a total transaction of £150.10.
- On Friday, June 13th, Simon Bourne bought 212 shares of ITM Power stock. The stock was purchased at an average cost of GBX 71 per share, for a total transaction of £150.52.
ITM Power Stock Performance
Shares of LON:ITM traded up GBX 1.10 during midday trading on Thursday, hitting GBX 68.10. The stock had a trading volume of 2,095,996 shares, compared to its average volume of 4,605,174. The company has a market capitalization of £424.38 million, a PE ratio of -15.58 and a beta of 2.03. The stock has a 50 day moving average price of GBX 73.49 and a two-hundred day moving average price of GBX 49.22. The company has a current ratio of 4.17, a quick ratio of 7.56 and a debt-to-equity ratio of 4.73. ITM Power Plc has a 1 year low of GBX 25.08 and a 1 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) earnings per share for the quarter. ITM Power had a negative net margin of 164.90% and a negative return on equity of 9.97%. As a group, equities analysts predict that ITM Power Plc will post -8.9214682 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 100 target price on shares of ITM Power in a report on Thursday, August 14th. JPMorgan Chase & Co. reissued a "neutral" rating on shares of ITM Power in a report on Monday, July 28th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, ITM Power has an average rating of "Moderate Buy" and a consensus target price of GBX 76.67.
Check Out Our Latest Stock Report on ITM
ITM Power Company Profile
(
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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