Itm Power (OTCMKTS:ITMPF – Get Free Report)’s share price was down 5% during mid-day trading on Tuesday. The company traded as low as $1.13 and last traded at $1.14. 11,250 shares traded hands during trading, a decline of 55% from the average session volume of 24,929 shares. The stock had previously closed at $1.20.
Analyst Ratings Changes
Separately, Peel Hunt upgraded shares of Itm Power to a “hold” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on Itm Power
Itm Power Stock Up 0.3%
The stock’s 50 day simple moving average is $1.36 and its two-hundred day simple moving average is $1.58.
About Itm Power
ITM Power plc is a United Kingdom-based company that designs and manufactures proton exchange membrane (PEM) electrolyzers for the production of green hydrogen. Its systems use renewable electricity and water to generate hydrogen without directly producing carbon emissions, supporting the decarbonization of industrial processes, transportation, and energy systems.
The company supplies electrolyzer products and related engineering, integration, and service capabilities for projects ranging from smaller distributed installations to large-scale hydrogen production facilities.
Featured Stories
- Five stocks we like better than Itm Power
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
- Adults Are Fueling a Toy Boom—These 4 Stocks Could Cash In
- Could Quantinuum’s Breakthrough Make Its Sell-Off a Bargain?
- Wired for Upside: Why Goldman Sachs Upgraded CoreWeave’s Battered Stock
Receive News & Ratings for Itm Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Itm Power and related companies with MarketBeat.com's FREE daily email newsletter.
