Ceres Power (OTCMKTS:CPWHF) Stock Price Up 1.1% – Still a Buy?

Ceres Power Holdings plc (OTCMKTS:CPWHFGet Free Report)’s share price was up 1.1% during mid-day trading on Monday . The stock traded as high as $2.10 and last traded at $2.02. Approximately 3,700 shares were traded during trading, an increase of 26% from the average daily volume of 2,925 shares. The stock had previously closed at $2.00.

Ceres Power Trading Up 1.1 %

The business has a fifty day simple moving average of $2.13 and a 200-day simple moving average of $2.54.

About Ceres Power

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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.

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