Ceres Power (LON:CWR)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research note issued to investors on Thursday, December 6th.
LON:CWR traded down GBX 1.98 ($0.03) during trading hours on Thursday, reaching GBX 168 ($2.20). 153,008 shares of the stock were exchanged, compared to its average volume of 373,765. Ceres Power has a twelve month low of GBX 8.14 ($0.11) and a twelve month high of GBX 16 ($0.21).
Ceres Power (LON:CWR) last released its quarterly earnings results on Tuesday, October 9th. The company reported GBX (9.80) (($0.13)) earnings per share for the quarter, missing analysts’ consensus estimates of GBX (9.50) (($0.12)) by GBX (0.30) ($0.00).
In related news, insider Stephen James Callaghan acquired 150,000 shares of the company’s stock in a transaction dated Tuesday, December 11th. The shares were bought at an average price of GBX 99 ($1.29) per share, for a total transaction of £148,500 ($194,041.55).
Ceres Power Company Profile
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in the United Kingdom, Asia, and Europe. The company offers SteelCell, a fuel cell technology that converts fuel directly into electrical power. It provides its products for use in the combined heat and power for commercial and residential buildings; and power for data centers and range extension for electric vehicles.
Further Reading: Momentum Indicator: Relative Strength Index
Receive News & Ratings for Ceres Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceres Power and related companies with MarketBeat.com's FREE daily email newsletter.