Key Points
- Dennis Schulz, an ITM Power insider, bought 203 shares on Nov 14 at GBX 74 (total £150.22) and has made repeated small purchases this year (235 shares at GBX 64 on Sep 15 and 177 at GBX 85 on Oct 15).
- ITM Power opened at GBX 75.90, trades in a 12‑month range of GBX 25.08–98.45 with a market cap of £467.6m, and carries a consensus analyst rating of "Moderate Buy" with a target price of GBX 95.
ITM Power Plc (LON:ITM - Get Free Report) insider Dennis Schulz purchased 203 shares of the business's stock in a transaction dated Friday, November 14th. The shares were purchased at an average cost of GBX 74 per share, with a total value of £150.22.
Dennis Schulz also recently made the following trade(s):
- On Wednesday, October 15th, Dennis Schulz acquired 177 shares of ITM Power stock. The stock was acquired at an average cost of GBX 85 per share, for a total transaction of £150.45.
- On Monday, September 15th, Dennis Schulz bought 235 shares of ITM Power stock. The shares were acquired at an average price of GBX 64 per share, with a total value of £150.40.
ITM Power Stock Performance
Shares of ITM opened at GBX 75.90 on Tuesday. ITM Power Plc has a 12-month low of GBX 25.08 and a 12-month high of GBX 98.45. The stock has a market cap of £467.64 million, a P/E ratio of -10.26 and a beta of 2.03. The company has a current ratio of 4.17, a quick ratio of 7.56 and a debt-to-equity ratio of 4.73. The company has a 50-day moving average of GBX 76.94 and a two-hundred day moving average of GBX 69.51.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on ITM shares. JPMorgan Chase & Co. restated a "neutral" rating on shares of ITM Power in a research report on Monday, July 28th. Jefferies Financial Group raised their price target on ITM Power from GBX 60 to GBX 115 and gave the stock a "buy" rating in a research report on Wednesday, October 1st. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 100 price target on shares of ITM Power in a report on Thursday, August 14th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 95.
Read Our Latest Stock Analysis on ITM Power
About ITM Power
(
Get Free Report)
ITM Power was founded in 2000, and ITM Power PLC was admitted to the London Stock Exchange's AIM market in 2004.
Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.
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