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ITM Power (OTCMKTS:ITMPF) Reaches New 52-Week High - Here's What Happened

ITM Power logo with Energy background

ITM Power Plc (OTCMKTS:ITMPF - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $1.12 and last traded at $1.12, with a volume of 14975 shares changing hands. The stock had previously closed at $0.99.

ITM Power Price Performance

The company has a quick ratio of 2.93, a current ratio of 3.87 and a debt-to-equity ratio of 0.05. The stock has a 50 day moving average price of $0.60 and a 200 day moving average price of $0.48.

About ITM Power

(Get Free Report)

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.

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