Shares of Itm Power (OTCMKTS:ITMPF - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $1.02, but opened at $1.12. Itm Power shares last traded at $1.12, with a volume of 200 shares.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on ITMPF. Berenberg Bank raised shares of Itm Power from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 4th. Peel Hunt raised shares of Itm Power to a "hold" rating in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Itm Power has an average rating of "Buy".
Read Our Latest Report on Itm Power
Itm Power Stock Performance
The company has a debt-to-equity ratio of 0.05, a current ratio of 3.07 and a quick ratio of 2.46. The business has a 50-day simple moving average of $0.98 and a 200-day simple moving average of $0.84.
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.
Further Reading
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