Ceres Power Holdings plc (OTCMKTS:CPWHF – Get Rating) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,051,200 shares, a decline of 7.0% from the January 31st total of 1,130,400 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is currently 136.5 days.
Analyst Upgrades and Downgrades
Separately, Credit Suisse Group dropped their price objective on shares of Ceres Power from GBX 1,250 ($15.03) to GBX 950 ($11.42) in a research report on Monday, November 28th.
Get Ceres Power alerts:Ceres Power Stock Performance
Shares of Ceres Power stock opened at $5.07 on Tuesday. The firm has a fifty day moving average of $5.09 and a two-hundred day moving average of $4.98. Ceres Power has a 52 week low of $3.40 and a 52 week high of $10.35.
About Ceres Power
(Get Rating)
Ceres Power Holding plc engages in development and commercialization of fuel cell technology. It offers its product under the Steel Cell brand. The company was founded in May 2001 and is headquartered in Horsham, the United Kingdom.
Featured Articles
- Get a free copy of the StockNews.com research report on Ceres Power (CPWHF)
- Dick's Sporting Goods Scores Win for Investors
- Yeti Stock Clobbered by Normalization and Voluntary Recalls
- To The Sun! First Solar Reaches Highest Point Since '09
- PDD Holdings Deserves a Spot on Your Watchlist as China Reopens
- Hibbett Stock, Tailwinds Still Blow For Sporting Goods Retail
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.