200 day MA7 Jul 2022 13:34
Ceres Power logoCeres Power Holdings plc (LON:CWR – Get Rating) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 694 ($8.40) and traded as low as GBX 539.40 ($6.53). Ceres Power shares last traded at GBX 545 ($6.60), with a volume of 242,529 shares.
CWR has been the subject of several analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 1,560 ($18.89) price target on shares of Ceres Power in a report on Tuesday, June 28th. Citigroup reissued a “buy” rating and issued a GBX 1,500 ($18.16) price target on shares of Ceres Power in a report on Monday, June 20th.
The company has a market cap of £1.04 billion and a PE ratio of -47.39. The business’s 50-day moving average is GBX 626.81 and its 200 day moving average is GBX 694. The company has a debt-to-equity ratio of 1.08, a quick ratio of 17.11 and a current ratio of 17.45.