Free Trial

ITM Power (OTCMKTS:ITMPF) Stock Price Down 13.1% - Should You Sell?

ITM Power logo with Energy background

Shares of ITM Power Plc (OTCMKTS:ITMPF - Get Free Report) fell 13.1% during mid-day trading on Wednesday . The company traded as low as $0.94 and last traded at $0.94. 19,831 shares traded hands during trading, an increase of 84% from the average session volume of 10,790 shares. The stock had previously closed at $1.08.

ITM Power Trading Up 18.1%

The firm has a fifty day simple moving average of $0.52 and a 200 day simple moving average of $0.45. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.87 and a quick ratio of 2.93.

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.

Recommended Stories

Should You Invest $1,000 in Itm Power Right Now?

Before you consider Itm Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Itm Power wasn't on the list.

While Itm Power currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines