Key Points
- Insider John Wilson bought 236,438 H-power shares at an average price of GBX 8, investing a total of £18,915.04.
- H-power shares opened at GBX 8.18, down 3.8%, with the company valued at approximately £92.99 million. The stock has traded between GBX 7.90 and GBX 17.20 over the past year.
- Analysts remain optimistic, with Canaccord Genuity maintaining a “speculative buy” rating and a GBX 25 price target; the overall consensus rating is “Buy.”
H-power (LON:HPOW - Get Free Report) insider John Wilson acquired 236,438 shares of the stock in a transaction dated Thursday, October 22nd. The stock was acquired at an average cost of GBX 8 per share, with a total value of £18,915.04.
H-power Stock Down 3.8%
Shares of HPOW stock opened at GBX 8.18 on Friday. The firm has a market capitalization of £92.99 million and a PE ratio of -4.73. The company has a 50 day simple moving average of GBX 10.02. H-power has a fifty-two week low of GBX 7.90 and a fifty-two week high of GBX 17.20.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 25 price target 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 data from MarketBeat.com, H-power currently has a consensus rating of "Buy" and a consensus price target of GBX 25.
View Our Latest Stock Analysis on H-power
H-power Company Profile
(
Get Free Report)
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.
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