Shares of Itm Power (OTCMKTS:ITMPF – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $1.29, but opened at $1.37. Itm Power shares last traded at $1.37, with a volume of 176 shares.
Itm Power Stock Up 0.4%
The firm has a fifty day moving average of $1.40 and a 200-day moving average of $1.55.
About Itm Power
ITM Power plc is a United Kingdom-based company that designs and manufactures equipment for producing green hydrogen. Its core technology uses proton exchange membrane (PEM) electrolyzers, which split water into hydrogen and oxygen using electricity. When powered by renewable energy, the process can produce hydrogen with low operational carbon emissions.
The company supplies modular electrolyzer systems and integrated hydrogen-production solutions for applications including industrial decarbonization, energy storage, transportation and renewable-energy projects.
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