Shares of ITM Power Plc (OTCMKTS:ITMPF - Get Free Report) rose 12.5% during trading on Tuesday . The stock traded as high as $0.62 and last traded at $0.61. Approximately 7,440 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 10,028 shares. The stock had previously closed at $0.54.
ITM Power Trading Up 12.5%
The firm's fifty day moving average price is $0.39 and its 200 day moving average price is $0.43. 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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