ITM Power Plc (LON:ITM - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 34.01 ($0.45) and traded as low as GBX 30.50 ($0.41). ITM Power shares last traded at GBX 30.82 ($0.41), with a volume of 1,655,280 shares traded.
ITM Power Price Performance
The company's 50-day simple moving average is GBX 28.63 and its 200-day simple moving average is GBX 33.58. The company has a debt-to-equity ratio of 4.73, a quick ratio of 7.56 and a current ratio of 4.17. The company has a market capitalization of £199.10 million, a PE ratio of -7.31 and a beta of 2.03.
Insider Activity at ITM Power
In other news, insider Amy Grey bought 102,455 shares of ITM Power stock in a transaction dated Friday, February 28th. The stock was bought at an average price of GBX 29 ($0.39) per share, for a total transaction of £29,711.95 ($39,674.12). Insiders have purchased 103,937 shares of company stock worth $3,016,249 in the last quarter. Company insiders own 48.26% of the company's stock.
ITM Power Company Profile
(
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ITM Power was founded in 2000, and ITM Power PLC was admitted to the London Stock Exchange's AIM market in 2004.
Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.
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