Simon Bourne Acquires 227 Shares of ITM Power (LON:ITM) Stock

ITM Power Plc (LON:ITM - Get Free Report) insider Simon Bourne purchased 227 shares of the stock in a transaction dated Thursday, January 15th. The shares were purchased at an average cost of GBX 66 per share, for a total transaction of £149.82.Simon Bourne also recently made the following trade(s): On Tuesday, December 16th, Simon Bourne purchased 466 shares of ITM Power stock. The shares were acquired at an average cost of GBX 64 per share, with a total value of £298.24. On Friday, November 14th, Simon Bourne bought 203 shares of ITM Power stock. The shares were acquired at an average price of GBX 74 per share, with a total value of £150.22. ITM Power Stock Down 0.8%Shares of ITM stock opened at GBX 65.08 on Monday. The company has a 50 day simple moving average of GBX 68.01 and a two-hundred day simple moving average of GBX 71.51. The stock has a market cap of £401.01 million, a P/E ratio of -8.79 and a beta of 2.03. ITM Power Plc has a 12 month low of GBX 25.08 and a 12 month high of GBX 98.45. The company has a current ratio of 4.17, a quick ratio of 7.56 and a debt-to-equity ratio of 4.73. Wall Street Analyst Weigh InA number of equities analysts recently commented on ITM shares. Jefferies Financial Group increased their price target on ITM Power from GBX 60 to GBX 115 and gave the company a "buy" rating in a research note on Wednesday, October 1st. Berenberg Bank reissued a "buy" rating and issued a GBX 100 target price on shares of ITM Power in a report on Thursday, December 4th. Finally, UBS Group reaffirmed a "neutral" rating and set a GBX 60 price target on shares of ITM Power in a research note on Friday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 91.67.Read Our Latest Stock Report on ITM PowerAbout 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. Featured ArticlesFive stocks we like better than ITM PowerElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthA U.S. “birthright” claim worth trillions - activated quietly“Fed Proof” Your Bank Account with THESE 4 Simple StepsNEW LAW: Congress Approves Setup For Digital Dollar?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in ITM Power Right Now?Before you consider ITM Power, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ITM Power wasn't on the list.While ITM Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here