Ceres Power Holdings plc (OTCMKTS:CPWHF – Get Free Report)’s stock price traded down 7.8% during trading on Tuesday . The company traded as low as $5.57 and last traded at $5.57. 475 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 18,471 shares. The stock had previously closed at $6.0420.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Ceres Power in a research note on Wednesday, April 15th. Panmure Gordon cut shares of Ceres Power from a “buy” rating to a “sell” rating in a research report on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Get Our Latest Stock Report on CPWHF
Ceres Power Stock Performance
About Ceres Power
Ceres Power plc (OTCMKTS: CPWHF) is a UK-based clean energy technology company focused on the development and licensing of solid oxide fuel cell (SOFC) technology. The company’s core business activity centers on its proprietary SteelCell® platform, a nickel-ceramic fuel cell design that can operate on a variety of fuels including natural gas, hydrogen and biogas. Ceres Power pursues a technology licensing model, partnering with manufacturing and energy firms to integrate its fuel cells into distributed power generation systems, residential combined heat and power (CHP) units and commercial backup power solutions.
Since its founding as an Imperial College London spin-out in 2001, Ceres Power has built a global network of strategic partnerships to scale its technology.
See Also
- Five stocks we like better than Ceres Power
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Ceres Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceres Power and related companies with MarketBeat.com's FREE daily email newsletter.
