Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from Ceres Power Holdings ( (GB:CWR) ) is now available.
Ceres Power Holdings announced a change in voting rights, with BNP Paribas Asset Management UK Limited reducing its stake to 2.9753%. This adjustment reflects a prior position of 3.8875% and indicates a strategic decision by BNP Paribas, impacting Ceres Power’s shareholder dynamics. The transaction underscores ongoing shifts in shareholder influence, with potential implications for Ceres Power’s governance and strategic direction.
More about Ceres Power Holdings
Ceres Power is a prominent developer in the clean energy technology sector, focusing on electrolysis for green hydrogen production and fuel cells for power generation. The company operates an asset-light, licensing model, forming partnerships with major corporations like Bosch and Shell. It aims to support the electrification of energy systems and decarbonize industries such as steelmaking and ammonia production. Ceres Power is listed on the London Stock Exchange and has received the LSE Green Economy Mark, highlighting its substantial contributions to the green economy.
YTD Price Performance: -16.02%
Average Trading Volume: 682,002
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £283.4M
For an in-depth examination of CWR stock, go to TipRanks’ Stock Analysis page.
