Itm Power (OTCMKTS:ITMPF - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $1.01, but opened at $0.93. Itm Power shares last traded at $0.93, with a volume of 1,158 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank raised shares of Itm Power from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has an average rating of "Strong Buy".
Check Out Our Latest Report on Itm Power
Itm Power Price Performance
The company's 50 day moving average is $0.99 and its 200 day moving average is $0.66.
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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