Ceres Power Holdings plc (LON:CWR) Insider Purchases £19,899.60 in Stock

Ceres Power Holdings plc (LON:CWR) insider Stuart Paynter acquired 33,166 shares of the firm’s stock in a transaction that occurred on Friday, April 25th. The stock was bought at an average cost of GBX 60 ($0.80) per share, with a total value of £19,899.60 ($26,465.75).

Stuart Paynter also recently made the following trade(s):

• On Wednesday, January 29th, Stuart Paynter acquired 7,151 shares of Ceres Power stock. The shares were bought at an average price of GBX 139 ($1.85) per share, with a total value of £9,939.89 ($13,219.70).

Ceres Power Stock Down 2.5 %

Shares of CWR opened at GBX 59.42 ($0.79) on Monday. The firm has a market cap of £115.83 million, a P/E ratio of -2.87 and a beta of 1.60. Ceres Power Holdings plc has a 12 month low of GBX 44 ($0.59) and a 12 month high of GBX 312 ($4.15). The stock’s 50 day moving average is GBX 63.13 and its two-hundred day moving average is GBX 135.91. The company has a current ratio of 6.48, a quick ratio of 12.18 and a debt-to-equity ratio of 1.54.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price objective on shares of Ceres Power from GBX 650 ($8.64) to GBX 340 ($4.52) and set a “buy” rating for the company in a research note on Tuesday, February 25th.

About Ceres Power

Ceres is a leading developer of clean energy technology: electrolysis for the creation of green hydrogen and fuel
cells for power generation. Its asset-light, licensing model has seen it establish partnerships with some of the world’s largest companies, such as Bosch, Doosan, Delta and Weichai. Ceres’ solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high-efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels.