H-power (LON:HPOW) Insider Buys £18,915.04 in Stock

H-power (LON:HPOW) insider John Wilson bought 236,438 shares of the company’s stock in a transaction on Thursday, October 22nd. The stock was bought at an average price of GBX 8 per share, with a total value of £18,915.04.

H-power Stock Performance

HPOW stock opened at GBX 8.23 on Friday. The firm has a market capitalization of £93.56 million and a PE ratio of -4.76. H-power has a 52-week low of GBX 7.90 and a 52-week high of GBX 17.20. The stock’s fifty day simple moving average is GBX 9.96.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 25 price target on shares of H-power in a report on Wednesday, September 16th. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 25.

H-power Company Profile

H-Power plc (AIM: HPOW) (formerly AFC Energy plc) is a leading provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Our market-leading decentralised ammonia cracker and fuel cell generator products are engineered to unlock the low carbon hydrogen market by meeting customers’ needs with scalable, reliable supplies of low carbon hydrogen and power. H-Power is enabling customers to decarbonise at a price that is commercially viable.
We are focused on the successful commercial rollout of our core product suite and on creating significant shareholder value by converting our growing opportunity pipeline into contracted orders and delivering sustained revenue growth.