Ceres Power Holdings plc (LON:CWR) released 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 return on equity of 38.05% and a negative net margin of 202.58%. The company had revenue of £312 million during the quarter.

Ceres Power Holdings plc (CWR) traded down 1.82% during mid-day trading on Friday, hitting GBX 13.50. The stock had a trading volume of 296,613 shares. Ceres Power Holdings plc has a 1-year low of GBX 6.79 and a 1-year high of GBX 14.50. The stock’s market cap is GBX 136.09 million. The firm’s 50-day moving average price is GBX 13.16 and its 200-day moving average price is GBX 10.83.

TRADEMARK VIOLATION NOTICE: “Ceres Power Holdings plc (CWR) Posts Earnings Results, Hits Expectations” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://www.thecerbatgem.com/2017/10/06/ceres-power-holdings-plc-cwr-posts-earnings-results-hits-expectations.html.

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

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 & Stock 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 stocks with our FREE daily email newsletter.