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Itm Power (OTCMKTS:ITMPF) Trading Down 7.5% - Should You Sell?

Itm Power logo with Energy background

Itm Power (OTCMKTS:ITMPF - Get Free Report)'s share price dropped 7.5% on Tuesday . The stock traded as low as $1.00 and last traded at $1.00. Approximately 3,621 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 10,272 shares. The stock had previously closed at $1.08.

Itm Power Stock Up 7.7%

The company's fifty day moving average price is $0.78 and its two-hundred day moving average price is $0.53. The company has a quick ratio of 2.93, a current ratio of 3.87 and a debt-to-equity ratio of 0.05.

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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