Insider Buying: ITM Power Plc (LON:ITM) Insider Buys £300.12 in Stock

ITM Power Plc (LON:ITM) insider Simon Bourne acquired 492 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of GBX 61 ($0.75) per share, for a total transaction of £300.12 ($368.56).

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

• On Monday, September 18th, Simon Bourne acquired 6,329 shares of ITM Power stock. The shares were acquired at an average cost of GBX 79 ($0.97) per share, with a total value of £4,999.91 ($6,140.13).
• On Friday, September 15th, Simon Bourne acquired 180 shares of ITM Power stock. The shares were purchased at an average price of GBX 83 ($1.02) per share, for a total transaction of £149.40 ($183.47).

ITM Power Stock Up 0.8 %

Shares of ITM stock opened at GBX 56.08 ($0.69) on Friday. The stock has a market cap of £345.95 million, a P/E ratio of -329.88 and a beta of 1.96. The company has a debt-to-equity ratio of 2.64, a current ratio of 5.59 and a quick ratio of 7.56. The stock has a fifty day moving average price of GBX 70.21 and a 200 day moving average price of GBX 76.80. ITM Power Plc has a one year low of GBX 55.20 ($0.68) and a one year high of GBX 120.35 ($1.48).

ITM Power Company Profile

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.