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Pin to quick picksCeres Power Share News (CWR)

Share Price Information for Ceres Power (CWR)

London Stock Exchange
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Share Price: 181.80
Bid: 182.40
Ask: 183.20
Change: -7.40 (-3.91%)
Spread: 0.80 (0.439%)
Open: 180.20
High: 191.70
Low: 180.00
Prev. Close: 189.20
CWR Live PriceLast checked at -

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AIM WINNERS & LOSERS: Ceres Power falls on delays to Chinese JVs

Thu, 17th Nov 2022 10:25

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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AIM - WINNERS

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Crimson Tide PLC, up 21% at 2.49 pence, 12-month range 1.70p - 3.20p. Wins "significant" contraction expansion and extension with an existing retail client, which it doesn't name. Contract now three years, with a value of over GBP1 million. The mobile software firm says the contract will have "high-margin revenue per annum" which "more than doubles" the annual recurring revenue under the previous contract. It includes an optional break clause at twenty-four months, but Crimson Tides points out the client's contracts with the firm have exceeded 10-years.

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Gfinity PLC, up 8.0% at 1.27 pence, 12-month range 0.75p - 4.01p. Appointed by the Saudi Pro-League as its exclusive esports strategy development partner. Saudi Pro-League is responsible for the management of top division professional football in Saudi Arabia, Gfinity explains. The esports and gaming solutions provider will help bring Saudi Pro-League's virtual football gaming strategy forward and create a multi-year programme.

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AIM - LOSERS

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Landore Resources Ltd, down 14% at 14.41 pence, 12-month range 0.12p - 16.65p. Updates on the progress of its drilling and exploration programme at the Felix-Lamaune prospects at its 100%-owned Junior Lake Property in Ontario, Canada. The mining exploration and development firm completes drilling programme of 21 holes on the Felix area. Notes hole 0422-85 intersected significant palladium-enriched nickel mineralisation. Completes 11 drill holes at Lamaune, meanwhile, with assay results outstanding.

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Ceres Power Holdings PLC, down 8.0% at 334.12 pence, 296.00p - 1,191.00p. Announces that negotiations with Robert Bosch GmbH and Weichai Power will not conclude this year. Says that approvals for the joint venture agreement have been postponed until 2023. Explains "several" commercial items require more time to be finalised between the partners. The solid oxide fuel cell developer says that all parties remain committed to the deal, however.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
21 Oct 2021 13:49

Ceres Power appoints Eric Lakin as new finance chief

(Sharecast News) - Fuel cell and electrochemical technology company Ceres Power announced the appointment of Eric Lakin as its new chief financial officer on Thursday, joining the company and the board in January.

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21 Oct 2021 13:23

IN BRIEF: Ceres Power hires new CFO from Smiths Group

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30 Sep 2021 09:58

Ceres Power to achieve 2021 revenue consensus after strong first half

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30 Sep 2021 08:42

Revenue and other income rockets in first half for Ceres Power

(Sharecast News) - Ceres Power reported 96% growth in revenue and other income in its first half on Thursday, to £17.4m, which it put down to strong progress in commercial partnerships.

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28 Sep 2021 10:47

Push for 'net zero' emissions could have significant impact on inflation, Capital Economics says

(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.

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23 Sep 2021 15:59

UK earnings, trading statements calendar - next 7 days

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23 Sep 2021 09:52

Ceres promotes Hargrove to tech head, creates innovation officer role

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23 Sep 2021 09:14

Ceres Power taps Caroline Hargrove as new technology chief

(Sharecast News) - Fuel cell and electrochemical technology company Ceres Power announced the appointment of Caroline Hargrove as its chief technology officer on Thursday, effective from 25 October.

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15 Sep 2021 17:53

IN BRIEF: Two Ceres Power projects win UK government funding

IN BRIEF: Two Ceres Power projects win UK government funding

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12 Sep 2021 15:31

Sunday share tips: Ceres Power, Dunelm

(Sharecast News) - The Sunday Times's Sabah Meddings told readers to 'hold' shares of IP Group due to their valuation, even as she touted the many "gems" to be found in its portfolio.

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IN BRIEF: Ceres Power fuel cell with Doosan ready for soft launch

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27 Jul 2021 14:23

Ceres Power on track for first-half forecasts

(Sharecast News) - Fuel cell and electrochemical technology company Ceres Power updated the market on its first half on Tuesday, reporting that revenue and other operating income for the six months ended 30 June would be around £17m, up from £8.9m in the prior period, with a "consistently high" gross margin.

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27 Jul 2021 12:03

IN BRIEF: Ceres on track to hit guidance as first half revenue surges

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Polar Capital Technology Trust annual results boosted by Covid stocks

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Citi stays at 'buy' on hydrogen shares, sees significant upside

(Sharecast News) - Citi stayed at a 'buy' on European names in the hydrogen space, telling clients that their shares had found a "base" following recent price drops.

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