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.
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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.
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