Itm Power (OTCMKTS:ITMPF - Get Free Report)'s stock price rose 10.4% during trading on Wednesday . The stock traded as high as $1.9260 and last traded at $1.9260. Approximately 5,400 shares traded hands during trading, a decline of 85% from the average daily volume of 35,111 shares. The stock had previously closed at $1.7450.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley upgraded Itm Power from an "equal weight" rating to an "overweight" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Itm Power has an average rating of "Buy".
Read Our Latest Report on Itm Power
Itm Power Stock Up 11.9%
The company's fifty day simple moving average is $1.05 and its 200 day simple moving average is $0.97.
Itm Power Company Profile
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Itm Power plc is a United Kingdom–based manufacturer of integrated hydrogen energy solutions, specializing in proton exchange membrane (PEM) electrolyzer systems. The company's core offering includes modular electrolyzer stacks and balance-of-plant solutions designed to convert renewable electricity into green hydrogen. These systems can be scaled from small-scale demonstrations to multi-megawatt deployments, targeting applications in industry, gas blending and refueling infrastructure.
Beyond electrolyzer modules, Itm Power develops turnkey turnkey “power-to-gas” and “power-to-liquids” projects that enable carbon-free fuel production.
Further Reading
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