ITM Power Plc (LON:ITM – Get Rating) insider Graham Cooley bought 22,526 shares of the company's stock in a transaction dated Tuesday, September 20th. The shares were acquired at an average price of GBX 111 ($1.34) per share, for a total transaction of £25,003.86 ($30,212.49).
Graham Cooley also recently made the following trade(s):
Get ITM Power alerts:- On Wednesday, September 14th, Graham Cooley purchased 133 shares of ITM Power stock. The stock was bought at an average cost of GBX 113 ($1.37) per share, with a total value of £150.29 ($181.60).
- On Monday, August 15th, Graham Cooley bought 61 shares of ITM Power stock. The stock was acquired at an average cost of GBX 245 ($2.96) per share, with a total value of £149.45 ($180.58).
ITM Power Price Performance
Shares of LON ITM opened at GBX 113.20 ($1.37) on Thursday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 7.81 and a current ratio of 8.45. The company has a market cap of £694.09 million and a PE ratio of -19.86. The business has a 50-day simple moving average of GBX 190.43 and a two-hundred day simple moving average of GBX 259.26. ITM Power Plc has a fifty-two week low of GBX 105.25 ($1.27) and a fifty-two week high of GBX 527.50 ($6.37).
Analyst Ratings Changes
ITM has been the subject of several research reports. Barclays reaffirmed an "overweight" rating and set a GBX 600 ($7.25) price target on shares of ITM Power in a research report on Thursday, September 15th. Berenberg Bank dropped their price target on ITM Power from GBX 185 ($2.24) to GBX 100 ($1.21) and set a "sell" rating for the company in a research note on Friday, September 16th. Finally, JPMorgan Chase & Co. restated an "overweight" rating on shares of ITM Power in a research note on Tuesday, July 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, ITM Power presently has an average rating of "Moderate Buy" and an average price target of GBX 461.38 ($5.57).About ITM Power
(Get Rating)
ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, transportation, and industrial sectors in the United Kingdom, Germany, rest of Europe, and the United States. It offers HGas for power-to-gas, clean fuel, and industrial hydrogen applications. The company is also involved in the development and manufacture of prototype products; and sale of electrolysis equipment and hydrogen storage solutions.
Recommended Stories
- Two Fun Stocks The Insiders Are Buying
- Novavax Remains a Risk-On Stock in a Risk-Off Market
- 3 Defensive Stocks With 60-Year Dividend Hike Streaks
- General Mills: Superior Returns With Less Volatility
- 3 Airline Stocks Stuck in a Holding Pattern
Receive News & Ratings for ITM Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITM Power and related companies with MarketBeat.com's FREE daily email newsletter.