Andy Allen Buys 285 Shares of ITM Power Plc (LON:ITM) Stock

ITM Power Plc (LON:ITM) insider Andy Allen purchased 285 shares of ITM Power stock in a transaction on Monday, April 15th. The stock was bought at an average price of GBX 53 ($0.66) per share, for a total transaction of £151.05 ($188.04).

ITM Power Stock Down 1.2 %

Shares of ITM Power stock opened at GBX 50.45 ($0.63) on Thursday. ITM Power Plc has a one year low of GBX 42.90 ($0.53) and a one year high of GBX 99 ($1.23). The company has a debt-to-equity ratio of 2.62, a current ratio of 4.45 and a quick ratio of 7.56. The stock’s 50-day moving average is GBX 55.35 and its 200 day moving average is GBX 57.90. The firm 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 upgraded ITM Power to a “buy” rating in a research 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.