Itm Power (OTCMKTS:ITMPF) Stock Rating Raised to Hold at Peel Hunt

Peel Hunt upgraded shares of Itm Power (OTCMKTS:ITMPF – Free Report) to a hold rating in a research report report published on Thursday morning,Zacks reports.

Itm Power Trading Down 1.2%

OTCMKTS:ITMPF opened at $1.20 on Thursday. Itm Power has a one year low of $0.80 and a one year high of $2.85. The business’s 50-day simple moving average is $1.38 and its 200 day simple moving average is $1.56.

About Itm Power

(Get Free Report)

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.

Recommended Stories

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.