H-power (LON:HPOW) Insider John Wilson Purchases 236,438 Shares of Company Stock

H-power (LON:HPOW) insider John Wilson bought 236,438 shares of the business’s stock in a transaction on Thursday, October 22nd. The stock was bought at an average cost of GBX 8 per share, with a total value of £18,915.04.

H-power Price Performance

Shares of LON HPOW opened at GBX 8.16 on Thursday. The firm has a market cap of £92.73 million and a P/E ratio of -4.72. The business’s 50 day moving average price is GBX 10.08. H-power has a 1 year low of GBX 7.90 and a 1 year high of GBX 17.20.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 25 target price on shares of H-power in a research report on Wednesday, September 16th. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 25.

H-power Company Profile

H-Power plc (AIM: HPOW) (formerly AFC Energy plc) is a leading provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Our market-leading decentralised ammonia cracker and fuel cell generator products are engineered to unlock the low carbon hydrogen market by meeting customers’ needs with scalable, reliable supplies of low carbon hydrogen and power. H-Power is enabling customers to decarbonise at a price that is commercially viable.
We are focused on the successful commercial rollout of our core product suite and on creating significant shareholder value by converting our growing opportunity pipeline into contracted orders and delivering sustained revenue growth.