ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne purchased 224 shares of the firm's stock in a transaction on Friday, August 15th. The stock was bought at an average price 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 purchased 190 shares of ITM Power stock. The stock was bought at an average price of GBX 79 per share, for a total transaction of £150.10.
- On Friday, June 13th, Simon Bourne purchased 212 shares of ITM Power stock. The stock was bought at an average price of GBX 71 per share, for a total transaction of £150.52.
ITM Power Price Performance
Shares of LON:ITM traded up GBX 3.70 during midday trading on Friday, reaching GBX 71.80. 1,560,881 shares of the company's stock were exchanged, compared to its average volume of 4,586,497. The company's 50 day simple moving average is GBX 73.39 and its two-hundred day simple moving average is GBX 49.45. The firm has a market capitalization of £447.43 million, a PE ratio of -16.42 and a beta of 2.03. ITM Power Plc has a 12 month low of GBX 25.08 and a 12 month high of GBX 98.45. 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 (LON:ITM - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The company reported GBX (7.40) EPS for the quarter. ITM Power had a negative return on equity of 9.97% and a negative net margin of 164.90%. Equities research analysts expect that ITM Power Plc will post -8.9214682 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. Berenberg Bank reissued a "buy" rating and set a GBX 100 price target on shares of ITM Power in a report on Thursday, August 14th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of ITM Power in a research note on Monday, July 28th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 76.67.
View Our Latest Research Report on ITM
About ITM Power
(
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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