Ceres Power Holdings plc (LON:CWR – Get Free Report) traded up 29.6% on Monday . The stock traded as high as GBX 132.01 ($1.76) and last traded at GBX 130.40 ($1.74). 6,225,217 shares traded hands during mid-day trading, an increase of 301% from the average session volume of 1,553,032 shares. The stock had previously closed at GBX 100.60 ($1.34).
Ceres Power Price Performance
The company has a debt-to-equity ratio of 1.54, a quick ratio of 12.18 and a current ratio of 6.48. The business has a 50 day simple moving average of GBX 87.46 and a 200-day simple moving average of GBX 88.37. The firm has a market cap of £243.59 million, a price-to-earnings ratio of -6.04 and a beta of 1.60.
Ceres Power Company Profile
Ceres is a leading developer of clean energy technology: electrolysis for the creation of green hydrogen and fuel
cells for power generation. Its asset-light, licensing model has seen it establish partnerships with some of the world’s largest companies, such as Bosch, Doosan, Delta and Weichai. Ceres’ solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high-efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels.
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