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ITM POWER (OTCMKTS:ITMPF) Shares Down 10.1% - Here's What Happened

Itm Power logo with Energy background

ITM POWER (OTCMKTS:ITMPF - Get Free Report)'s share price was down 10.1% during trading on Wednesday . The company traded as low as $1.07 and last traded at $1.07. Approximately 627 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 10,151 shares. The stock had previously closed at $1.19.

ITM POWER Stock Down 2.8%

The company has a current ratio of 3.87, a quick ratio of 2.93 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average price of $0.85 and a 200 day moving average price of $0.56.

About ITM POWER

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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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