Ceres Power Holdings plc (OTCMKTS:CPWHF – Get Free Report) dropped 11.2% during mid-day trading on Tuesday . The stock traded as low as $3.11 and last traded at $3.11. Approximately 108,675 shares changed hands during mid-day trading, an increase of 554% from the average daily volume of 16,628 shares. The stock had previously closed at $3.5005.
Wall Street Analyst Weigh In
CPWHF has been the subject of several analyst reports. Panmure Gordon upgraded shares of Ceres Power to a “buy” rating in a report on Friday. The Goldman Sachs Group upgraded shares of Ceres Power from a “neutral” rating to a “buy” rating in a research note on Thursday, October 2nd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.
View Our Latest Stock Analysis on CPWHF
Ceres Power Stock Performance
About Ceres Power
Ceres Power Holdings plc, provides fuel cells for power generation and electrolysers for green hydrogen in Europe, Asia, North America, and internationally. The company offers SteelCell, a solid oxide fuel cell that generates electrical natural gas, biogas, and pure and blend hydrogen. It also develops solid oxide electrolysis cell, provides a pathway to produce green hydrogen using fossil fuels.
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