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Itm Power (OTCMKTS:ITMPF) Shares Gap Up - Time to Buy?

Itm Power logo with Energy background

Key Points

  • Itm Power shares gapped up from $0.77 to $0.81 before market opening, with a trading volume of 200 shares.
  • The company has a debt-to-equity ratio of 0.05 and a strong liquidity profile, indicated by a quick ratio of 2.93 and a current ratio of 3.87.
  • ITM Power specializes in proton exchange membrane (PEM) electrolysers, offering products like NEPTUNE and POSEIDON for various project scales.
  • MarketBeat previews the top five stocks to own by September 1st.

Itm Power (OTCMKTS:ITMPF - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $0.77, but opened at $0.81. Itm Power shares last traded at $0.81, with a volume of 200 shares changing hands.

Itm Power Stock Up 2.6%

The stock has a 50 day simple moving average of $0.98 and a 200 day simple moving average of $0.62.

Itm Power Company Profile

(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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