Itm Power (OTCMKTS:ITMPF) Stock Price Up 11.4% - Here's What Happened

Key Points

• Itm Power stock surged by 11.4% during mid-day trading, reaching a price of $0.88.
• The trading volume was approximately 200 shares, significantly lower than the average daily volume of 10,549 shares.
• Itm Power specializes in manufacturing proton exchange membrane (PEM) electrolysers for various markets, including the United Kingdom, Germany, and Australia.

Itm Power (OTCMKTS:ITMPF - ) rose 11.4% during mid-day trading on Monday . The company traded as high as $0.88 and last traded at $0.88. Approximately 200 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 10,549 shares. The stock had previously closed at $0.79.

Itm Power Stock Performance

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

Itm Power Company Profile

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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