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Ceres Power shares fell 10.4% after a quarterly loss, despite analysts keeping a "Buy" rating.
Ceres Power shares dropped 10.4% on Friday, closing at GBX 332.51 amid a surge in trading volume to 59.8 million shares, 2,484% above average.
The company reported a quarterly loss of GBX 10.14 per share, with a negative net margin of 101.69% and return on equity of 22.96%.
Despite the earnings miss, analysts maintain a "Buy" rating with a target price of GBX 400.
The UK-based firm develops clean energy technologies, including green hydrogen electrolysis and solid oxide fuel cells, using a licensing model with partners like Bosch and Doosan.
It has a market cap of £646.46 million, a debt-to-equity ratio of 1.54, and strong liquidity ratios.
Las acciones de Ceres Power cayeron un 10,4% después de una pérdida trimestral, a pesar de que los analistas mantuvieron una calificación de "compra".