Ceres Power Holdings plc (LON:CWR) Insider Dame Julia King Acquires 30,200 Shares

Ceres Power Holdings plc (LON:CWR) insider Dame Julia King bought 30,200 shares of Ceres Power stock in a transaction on Thursday, November 28th. The shares were purchased at an average price of GBX 165 ($2.09) per share, for a total transaction of £49,830 ($63,252.09).

Ceres Power Stock Up 1.4 %

Shares of CWR opened at GBX 165.10 ($2.10) on Friday. Ceres Power Holdings plc has a 1 year low of GBX 126.40 ($1.60) and a 1 year high of GBX 312 ($3.96). The company has a debt-to-equity ratio of 1.54, a current ratio of 6.48 and a quick ratio of 12.18. The business’s 50 day simple moving average is GBX 214.36 and its 200-day simple moving average is GBX 202.41. The stock has a market capitalization of £319.57 million, a price-to-earnings ratio of -786.19 and a beta of 1.60.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 650 ($8.25) target price on shares of Ceres Power in a report on Tuesday, August 6th.

About Ceres Power

Ceres Power Holdings plc engages in the development and commercialization of fuel cell and electrochemical technology in Europe, Asia, North America, and internationally. The company's technology includes Ceres Power, a solid oxide fuel cell technology used for distributed power generation, commercial power, and marine and motive power sectors; and Ceres Hydrogen, a solid oxide electrolyser cell SOEC technology to produce green hydrogen.