Ceres Power Holdings plc (CWR) Posts Earnings Results, Hits Expectations

Ceres Power Holdings plc (LON:CWR) posted its quarterly earnings data on Wednesday. The company reported GBX (1) (($0.01)) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of GBX (1) (($0.01)), Bloomberg Earnings reports. Ceres Power Holdings plc had a negative net margin of 503.70% and a negative return on equity of 61.93%. The company had revenue of £312 million for the quarter.

Shares of Ceres Power Holdings plc (LON CWR) opened at 13.50 on Thursday. Ceres Power Holdings plc has a 12-month low of GBX 6.79 and a 12-month high of GBX 14.50. The firm’s market capitalization is GBX 136.09 million. The stock has a 50 day moving average of GBX 13.11 and a 200-day moving average of GBX 10.81.

Separately, Berenberg Bank reiterated a “buy” rating on shares of Ceres Power Holdings plc in a report on Wednesday, September 6th.

TRADEMARK VIOLATION WARNING: “Ceres Power Holdings plc (CWR) Posts Earnings Results, Hits Expectations” was originally posted by Equities Focus and is the sole property of of Equities Focus. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.equitiesfocus.com/2017/10/05/ceres-power-holdings-plc-cwr-posts-earnings-results-hits-expectations.html.

Ceres Power Holdings plc Company Profile

Ceres Power Holdings PLC is a United Kingdom-based company, which is a fuel cell technology and engineering company. The Company is engaged in the development and commercialization of its fuel cell technology. The SteelCell, operating at a temperature between 500 and 600 degree Celsius, is a perforated sheet of steel with a special ceramic layer that converts fuel directly into electrical power.

Receive News & Ratings for Ceres Power Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceres Power Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply