Ceres Power (OTCMKTS:CPWHF) Stock Price Down 15.7% – Here’s Why

Shares of Ceres Power Holdings plc (OTCMKTS:CPWHFGet Free Report) traded down 15.7% on Tuesday . The stock traded as low as $1.60 and last traded at $1.61. 3,780 shares changed hands during trading, an increase of 120% from the average session volume of 1,715 shares. The stock had previously closed at $1.91.

Ceres Power Stock Performance

The business’s 50-day simple moving average is $2.03 and its two-hundred day simple moving average is $2.43.

Ceres Power Company Profile

(Get Free Report)

Ceres Power Holdings plc, provides fuel cells for power generation and electrolysers for green hydrogen in Europe, Asia, North America, and internationally. The company offers SteelCell, a solid oxide fuel cell that generates electrical natural gas, biogas, and pure and blend hydrogen. It also develops solid oxide electrolysis cell, provides a pathway to produce green hydrogen using fossil fuels.

Recommended Stories

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