ITM Power Plc (LON:ITM – Get Free Report) insider Andy Allen acquired 285 shares of the company’s stock in a transaction on Monday, April 15th. The shares were bought at an average cost of GBX 53 ($0.66) per share, with a total value of £151.05 ($188.04).
ITM Power Stock Down 1.2 %
Shares of LON:ITM opened at GBX 50.45 ($0.63) on Thursday. The company has a current ratio of 4.45, a quick ratio of 7.56 and a debt-to-equity ratio of 2.62. ITM Power Plc has a 12 month low of GBX 42.90 ($0.53) and a 12 month high of GBX 99 ($1.23). The company has a 50-day moving average price of GBX 55.35 and a 200 day moving average price of GBX 57.90. The company has a market cap of £311.22 million, a price-to-earnings ratio of -504.50 and a beta of 1.77.
Analyst Ratings Changes
Separately, Jefferies Financial Group raised shares of ITM Power to a “buy” rating in a report on Monday, February 26th.
About ITM Power
ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.
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