ITM Power Plc (LON:ITM) Insider Simon Bourne Acquires 520 Shares of Stock

ITM Power Plc (LON:ITM) insider Simon Bourne purchased 520 shares of the firm’s stock in a transaction on Tuesday, April 15th. The stock was bought at an average price of GBX 29 ($0.38) per share, for a total transaction of £150.80 ($200.08).

Simon Bourne also recently made the following trade(s):

• On Friday, March 14th, Simon Bourne bought 528 shares of ITM Power stock. The stock was purchased at an average cost of GBX 28 ($0.37) per share, for a total transaction of £147.84 ($196.15).

ITM Power Price Performance

Shares of ITM Power stock opened at GBX 28.85 ($0.38) on Friday. The firm has a market cap of £179.78 million, a PE ratio of -6.60 and a beta of 2.03. The stock has a 50 day moving average of GBX 29.04 and a 200 day moving average of GBX 35.08. The company has a current ratio of 4.17, a quick ratio of 7.56 and a debt-to-equity ratio of 4.73. ITM Power Plc has a 12 month low of GBX 25.08 ($0.33) and a 12 month high of GBX 71.80 ($0.95).

ITM Power (LON:ITM) last posted its earnings results on Friday, January 31st. The company reported GBX (4.70) (($0.06)) EPS for the quarter. ITM Power had a negative net margin of 164.90% and a negative return on equity of 9.97%. On average, research analysts expect that ITM Power Plc will post -8.9214682 EPS for the current fiscal year.

ITM Power Company Profile

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.